The Khoo Music Society,a Not-For-Profit Organization,is Purchasing Musical Instruments to Donate

question 3

Multiple Choice

The Khoo Music Society,a not-for-profit organization,is purchasing musical instruments to donate to some local schools.Khoo ordered the instruments on August 1,20X1.Khoo uses an encumbrance system.What journal entry should Khoo make at August 1,20X1?

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