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The City of Island Grove uses encumbrance accounting and its fiscal year ends on June 30. On May 6, a purchase order was approved and issued for supplies in the amount of $6,000. Island Grove received these supplies on June 2, and the $6,000 invoice was approved for payment. What General Fund journal entry should Island Grove make on May 6, to record the approved purchase order?
Factors
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Early Education
Educational programs and practices targeting young children, typically before the age of formal schooling, focusing on developing foundational skills and knowledge.
Varieties
Refers to different types, kinds, or sorts within a broader category or species, often used in the context of plants, languages, or products.
Montessori Preschools
Educational institutions designed for young children that follow the Montessori method, emphasizing independence, freedom within limits, and respect for a child’s natural psychological, physical, and social development.
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