The town of River Falls uses a general fund for all financial transactions. Expenditures are recorded by type of expenditure and by department. The four categories of expenditures are personnel, supplies, other charges, and capital outlays. Departments are General Government, Public Safety, Fire Protection, and Recreation.

Page 1 of a journal is provided in the Working Papers. Source documents are abbreviated as follows: memorandum, M; check, C; notes payable, NP. Your instructor will guide you through the following examples.

Journalize the transactions completed during the current year.

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Jan. 11. Paid cash for electrical service in fire protection department, $238.00. C482. 16. Encumbered estimated amount for supplies in public safety department, $155.00. M111. 19. Issued a one-month, 12% note, $200,000.00. NP15. 27. Paid cash for public safety department supplies, $151.00, encumbered January 16 per M111. M125 and C497. Feb. 6. Paid cash for printer for general government department, $395.00. C520. (Capital Outlays) 19. Paid cash for the maturity value of NP15: principal, $200,00.00, plus interest, $2,000.00; total $202,000.00. C538. Mar. 16. Paid cash for a 3-month, 10% certificate of deposit, $150,000.00. C567. June 16. Received cash for the maturity value of certificate of deposit due today; principal, $150,000.00, plus interest, $3,750.00; total, $153,750.00. R312.