A construction contract was issued for an addition to the county jail in the amount of $2,300,000. When the project was approximately half finished, the contractor submitted an invoice for payment of $1,150,000. Which partial entry below is not required to record this transaction?

A. Debit Expenditures - Capital Outlay $1,150,000.
B. Credit Encumbrances Control $1,150,000.
C. Credit Encumbrances Control $2,300,000.
D. Credit Contracts Payable $1,150,000.


Answer: C

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Computer networks are based on the same principles as telephone networks.

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