Record receipt of these goods and related vouchers payable

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Question - Invoices for some of the goods recorded as encumbrances in transaction 4-a-2 were received and vouchered for payment, as listed below. Related encumbrances were canceled in the amounts listed below (Select "Elimination" in the drop down menu in the Detail Journal):

 

Expenditures

Encumbrances

General Government

$130,606

$130,572

Public Safety

366,088

366,154

Public Works

141,981

141,972

Culture and Recreation

126,000

125,965

Total

$764,675

$764,663

Required - Record the receipt of these goods and the related vouchers payable in both the General Fund and governmental activities journals. In the Detail Journal select "Good received" for the expenditures description. At the government-wide level, you should assume the city uses the periodic inventory method. Thus, the invoiced amounts above should be recorded as expenses of the appropriate functions, except that $32,340 of the amount charged to the Public Works function was for a vehicle (debit Equipment for this item at the government-wide level).

Reference no: EM132855697

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