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fill out table for transactions 5-b-5 to 5-b-8

Copy of City of Corvallis mod S(1001) - Protected View - Excel AutoSave OH Enable Editing File Home Insert Draw Page Layout Formulas Data Review View Help Search D PROTECTED VIEW Be carefulfiles from the Internet can contain viruses. Unless you need to edit, it's safer to stay in Protected View F16 G E H K D 1 2 Don't edit these shaded columns Problem Jo AccounAmount Check Fig 3 4 5 $ 24,600 6 Year Deblt 5.6.1 5 5.6.1 5 5.b 2 5 5-6-2 5 5.b. 5 5.b. 5 5-b3 5 $49.000 8 9 Credit Memo Closing Entry? Construction Expenditures-Walnut Boulevard Project 2018 5 24.600 Contracts Payable 2018 Cash 2018 5 49.000 Tax Articipation Notes Payable 2018 Encumbrances-Walnut Boulevard Project 2018 $ 290 Encumbrances Outstanding Walnut Boulevard Proje 2018 Encumbrances Outstanding Walnut Boulevard Proje 2018 $ 290 Encumbrances-Walnut Boulevard Project 2018 Construction Expenditures Walnut Boulevard Project 2018 S 300 Contracts Payable 2018 Cash 2018 95 300 Revenues-Sales Taxes 2018 $ 290 10 11 5 $ 5 12 13 5 5-6-3 5-6-3 5-64 5-6-4 5 300 14 5 15 5 $ 95.900 16 17 18 19 20 21 22 23 Agents Workbooktructions CP AGW 2 3 5 7 8 3.134 530 5 Para 4-a-5 General Fund payrolls for the year totaled: From this amount, the following was withheld: Employees' fet Employees' sh Employees's Remaining am -387,070 -239,230 -140,720 2.367 510 The City of Corvallis does not record encumbrances for payrolls. The payrolls were chargeable against the following functions appropriations: General Gover 390.630 Public Safety 1.650.750 Public Works 502.560 Health and We 326,090 Culture and RA 264.500 Total 3.134.530 Required: Make summary journal entries for payroll in both the General Fund and governmental activities general journals for the year. 6 14-0-61 The following were recorded as liabilities: City's share of FICA taxes: City's contribution to retirement funds administered by the state government: Total Required: Record this transaction in both the General Fund and governmental activities general journals. Assume that the total should be allocated in the same proportions as in paragraph 4-2-5 above, that is (5476,376/53,822,600) x 5487,120 - $60,705 239,230 160,210 399,440 General Gover (5390,630/83,134,530) x $399,440 49,779 Public Safety (51,650,750/53,134,530) x $399,440 - 210.359 Public Works (5502,56053,134,530)

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