Answer:
$5000.
Explanation:
Here in the journal, its entries are:
When the purchase order was issued:
Debit (Dr) Credit (Cr)
Encumbrances (estimated)
$5,000
Budgetary control $ 5,000
When the supplies and invoice are received:
Debit (Dr) Credit (Cr)
Budgetary control $ 5,000
Encumbrances $ 5,000
Expenditures (actual) 4,950
Vouchers payable 4,950
When supplies and invoice have been received, Elm should debit the internal account for budgetary control for the same $5,000 estimated amount that the account was credited when the purchase order was issued.
I believe sfx is "thumping"
