On October 1, 2019, the City of Highland placed an order with Ajax Sand &...
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On October 1, 2019, the City of Highland placed an order with Ajax Sand & Gravel Co. for 1,000 tons of cinders to be spread upon Highlands streets during winter storms. The estimated cost of the cinders was $10 per ton, delivered. Ajax delivered 800 tons of cinders to Highlands road maintenance yard on October 20, along with an invoice for $8,000. Ajax delivered the remaining 200 tons of cinders on November 1, along with an invoice for $2,000. Prepare the General Fund journal entries necessary on October 1, October 20, and November 1, 2019. Classify the expenditures as Road maintenance.
| 10/01 | |||
| To record encumbrance. | |||
| 10/20 | |||
|
| |||
| To record partial reversal of encumbrance. | |||
| To record expenditure. | |||
| 11/01 | |||
| To record partial reversal of encumbrance. | |||
| To record expenditure. |
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