Illustrate what information do the government-wide-financial

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A city orders a new compuer for its General Fund at an anticipated cost of $88,000. Its actual cost when received is $89,400. Payment is subsequently made. Give all required journal entries for fund based and government wide financial statements. What information do the government-wide-financial statements present? what information do the fund-based financail statements present?

Reference no: EM13125362

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