journal entries/Encumbrances


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journal entries/Encumbrances 1 answer below ยป 1. Encumbrances: The city orders a fire truck estimated to cost $140,000. The fire truck arrives with an invoice of $138,000. A voucher is processed and paid 2 weeks later.
Record the journal entries for these transactions. 2. Journal Entries Record the following transactions: a. The city orders a police car estimated to cost $22,000 b. The police car arrives with an invoice of $25,000. The invoice is process for payment. c. The invoice is paid. d. The police car is destroyed in a crash and is sold for scrap of $1000. Dec 08 2013 01:46 AM

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