Chapter 18, Problem 18.21P

Matching Items on Fund Transactions [AICPA Adapted]
Items 1 through 10 in the left-hand column represent various transactions pertaining to a municipality that uses encumbrance accounting. Items 11 through 20, also listed in the left-hand column, represent the fund and accounts used by the municipality. To the right of these items is a list of possible accounting and reporting methods.

Required
a. For the municipality, select the appropriate method to record each transaction (items 1 through
10). A method of recording the transactions may be selected once, more than once, or not at all.
b. Select the, appropriate method of accounting and reporting for each of the municipality’s funds, accounts, and other items (items 11 to 20). An accounting and reporting method may be selected once, more than once, or not at all.