A city's Parks Department has these two General Fund appropriations: Parks department salaries and Parks department other than salaries. All of the following transactions and events are applicable to calendar year 2021. 1. Salaries of $21,000 were paid in October 2021. 2. A purchase order for trees was placed at an estimated cost of $3,000. 3. The trees ordered in the previous transaction were received and accepted. The invoice was approved for payment. 4. The invoice received in the previous transaction was paid. 5. An invoice for $2,600 for November electricity services was approved for payment in early December 2021. 6. Parks Department employees worked during the last week of December 2021 and earned $12,000. They will be paid in early January 2022. 7. An invoice for $3,900 for December electricity services was received in early January 2022.
A city's Parks Department has these two General Fund appropriations: Parks department salaries and Parks department other than salaries. All of the following transactions and events are applicable to calendar year 2021. 1. Salaries of $21,000 were paid in October 2021. 2. A purchase order for trees was placed at an estimated cost of $3,000. 3. The trees ordered in the previous transaction were received and accepted. The invoice was approved for payment. 4. The invoice received in the previous transaction was paid. 5. An invoice for $2,600 for November electricity services was approved for payment in early December 2021. 6. Parks Department employees worked during the last week of December 2021 and earned $12,000. They will be paid in early January 2022. 7. An invoice for $3,900 for December electricity services was received in early January 2022.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:Prepare the appropriate journal entries.
Enter 0 or leave the field blank if no entry is required.
Account
Debit
Credit
Expenditures - parks department salaries
Cash
To record payment of salaries.
Encumbrances - parks department other than salaries
Budgetary fund balance reserved for encumbrances
To record purchase order for trees.
Budgetary fund balance reserved for encumbrances
Encumbrances - parks department other than salaries
To record receipt of trees.
Expenditures - parks department other than salaries
Vouchers payable
To record invoice for trees.
Vouchers payable
Cash
To record payment of tree invoice.
To record invoice for November electricity.
To record unpaid earned salaries.
To record invoice for December electricity.
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Transcribed Image Text:Journal entries to record miscellaneous transactions and events
A city's Parks Department has these two General Fund appropriations: Parks department salaries and Parks department other than
salaries.
All of the following transactions and events are applicable to calendar year 2021.
1. Salaries of $21,000 were paid in October 2021.
2. A purchase order for trees was placed at an estimated cost of $3,000.
3. The trees ordered in the previous transaction were received and accepted.
The invoice was approved for payment.
4. The invoice received in the previous transaction was paid.
5. An invoice for $2,600 for November electricity services was approved
for payment in early December 2021.
6. Parks Department employees worked during the last week of December 2021
and earned $12,000. They will be paid in early January 2022.
7. An invoice for $3,900 for December electricity services was received in early
January 2022.
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