A city orders a new computer for its General Fund at an anticipated cost of $88,000. Its
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A city orders a new computer for its General Fund at an anticipated cost of $88,000. Its actual cost when received is $89,400. Payment is subsequently made. Give all required journal entries for fund- based and government-wide financial statements. What information do the government-wide finan¬ cial statements present? What information do the fund-based financial statements present? LO9
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Related Book For
Advanced Accounting
ISBN: 9780073379456
9th Edition
Authors: Joe Ben Hoyle, Timothy S. Doupnik, Thomas F. Schaefer, Oe Ben Hoyle
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