A city orders a new computer for its police department that is recorded within its...
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Accounting
A city orders a new computer for its police department that is recorded within its general fund. The computer has an anticipated cost of $ Its actual cost when received is $ Payment is subsequently made. aPrepare all required journal entries for both fund and governmentwide financial statements.Select the appropriate fund for each situation when required. If no entry is required for a transactionevent select No journal entry required" in the first account field.
A city orders a new computer for its police department that is recorded within its general fund. The computer has an anticipated cost of $ Its actual cost when received is $ Payment is subsequently made.
aPrepare all required journal entries for both fund and governmentwide financial statements.Select the appropriate fund for each situation when required. If no entry is required for a transactionevent select No journal entry required" in the first account field.
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