The general ledger of Covington contains the following selected account balances: Appropriations Control$1,500,000 Reserve for Encumbrances 60,000 Vouchers Payable 80,000 Expenditures 830,000 Covington wants to order additional goods and services before the fiscal year end. What is the unencumbered balance of the budget that may be expended by Covington?
A. $610,000
B. $1,440,000
C. $670,000
D. $1,360,000
Answer: A
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