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QUESTION 10 (a) The City of Mississippi place an order totalling $500,000 for 5 units...

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Accounting

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QUESTION 10 (a) The City of Mississippi place an order totalling $500,000 for 5 units of garbage truck to be used in the city. The garbage truck costing $100,000 each. During the period, 3 units of the garbage truck arrived and the freight was 51.000 for each unit. Required: Show the journal entries of the above transactions as encumbrances. (6 marks) (b) Why encumbrances should be recorded? (2 marks) You may use the following table for your answer in (a), to copy it into your answer space: Step (1) highlight all, Step (2) press CTRL C to copy, and Step (3) press CTRL V to paste. (For Macbook, Command C to copy and Command V to paste) Debit Credit Particulars Save Ale Click Save and submit to save and submit. Click Save All Ansoers to sare all ansters

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