1 2 points Exercise 3-23 (Algo) Recording encumbrances [LO 3-5] During the month of July, the Town of Lynton recorded the following information related to purchases General government Public safety Amount of Purchase Order Actual Cost $ 563,000 $ 503,000 748,200 967,545 733,013 ot0422 Public works Culture and recreation Total purchase orders and invoices 67,270 $2,346,315 476,480 67-320 $1,779,813 eBook References At the end of the month, several purchase orders remained outstanding for all functions except Culture and Recreation Public Works in particular had a large amount of purchase orders outstanding because it had put in an order for delivery of paving materials to be delivered over the months of July and August. For all but Culture and Recreation, consider the amounts for purchase orders received the same as the actual cost of the items. Required a.) Prepare the general journal entry to record the issuance of the purchase orders. (2) Show entries in subsidiary ledger accounts b. (1) Prepare the general journal entries to record the receipt of the goods ordered at the actual cost shown and the related payable (2) Show entries for the subsidiary ledger accounts Prepare the general journal entry to record the issuance of the purchase orders. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Req al Req a2 Req bi Req b2 Show entries in subsidiary ledger accounts. TOWN OF LYNTON Encumbrances Ledger Encumbrances Encumbrances Encumbrances Account/Description Increase De Decrease Cr Balance Dr(Cr) General Government Public Safety Public Works Culture and Recreation Journal entry worksheet < A B Record the expending of appropriations. Note: Enter debits before credits. Event 1 Saved General Journal Debit Credit Record entry Clear entry View general journal > Help Save & Ex Req al Req az Req DI Show entries for the subsidiary ledger accounts. TOWN OF LYNTON Encumbrances Ledger Encumbrances Encumbrances Encumbrances Account/Description Increase Dr Decrease Cr Balance Dr(Cr) General Government Public Safety Public Works Culture and Recreation Account/Description General Government Public Safety Public Works Culture and Recreation TOWN OF LYNTON Expenditures Ledger Expenditures Expenditures Dr(Cr) Balance Balance Dr(Cr) Cr(Dr) AP 4 A B Record the receipt of the goods ordered at the actual cost. Note: Enter debits before credits. Event 2. General Journal Debit Credit Record entry Clear entry View general journal He