During the current year, the City of Hickory Hills issued purchase orders to various vendors in the amounts shown for the following functions of the city: General Government Public Safety Public Works Culture and Recreation Health and Welfare Miscellaneous Total s 158,200 296,000 218,400 175,700 162, 100 24,000 $1,034,400 All goods ordered during the year were received at the following actual costs: General Government Public Safety Public Works Culture and Recreation Health and Welfare Miscellaneous Total S 153,800 295,700 220, 800 175,700 165,300 24, 100 $1,035, 700 Required a &b. Prepare journal entries in the General Fund general journal to record the issuance of purchase orders and to record the receipt of and payment for goods during the year. Also show subsidiary detail for the Encumbrances and Expenditures ledgers. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list ences View transaction list X 1 Record the issuance of purchase orders. 2 Record the receipt of goods. 3 Record the expenditures. 4 Record the payment for goods. Credit Mc (Graw a.&b. Prepare journal entries in the General Fund general journal to record the issuance of purchase orders and to of and payment for goods during the year. Also show subsidiary detail for the Encumbrances and Expenditur entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 5:05 View transaction list Journal entry worksheet ok mt Record the issuance of purchase orders. 3 ences Note: Enter debits before credits. Transaction General Journal Debit Crecit a Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 Record the receipt of goods. Note: Enter debits before credits General Journal Debit Credit Transaction b(1) View general journal Clear entry Record entry View transaction list Journal entry worksheet 38 Record the expenditures. Note: Enter debits before credits. General Journal Debit Credit Transaction b(2) nces Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 Record the payment for goods. Note: Enter debits before credits General Journal Debit Credit Transaction b(3) View general journal Clear entry Record entry CITY OF HICKORY HILLS Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Expenditures Appropriations Decrease Balance Dr Dr(Cr) Balance Dr Appropriations Balance Cr Dr(Cr) Cr (CT) (CT) Cr (Dr) (Dr) Account Description General Government 164 200 164,200 Purchase Orders Good received 164,200 4,400 164 200 0 159,800 159,800 Public Safety Purchase Orders Supplies received Public Works Purchase Orders Supplies received Culture and Recreation Purchase Orders Supplies received Health and Welfare Purchase Orders Supplies received Miscellaneous Purchase Orders Supplies received c. Does the fact that the actual cost of goods received during the year exceeded the estimated cost when ordered suggest a budgetary or management problem? O Yes ONo Next > During the current year, the City of Hickory Hills issued purchase orders to various vendors in the amounts shown for the following functions of the city: General Government Public Safety Public Works Culture and Recreation Health and Welfare Miscellaneous Total s 158,200 296,000 218,400 175,700 162, 100 24,000 $1,034,400 All goods ordered during the year were received at the following actual costs: General Government Public Safety Public Works Culture and Recreation Health and Welfare Miscellaneous Total S 153,800 295,700 220, 800 175,700 165,300 24, 100 $1,035, 700 Required a &b. Prepare journal entries in the General Fund general journal to record the issuance of purchase orders and to record the receipt of and payment for goods during the year. Also show subsidiary detail for the Encumbrances and Expenditures ledgers. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) View transaction list ences View transaction list X 1 Record the issuance of purchase orders. 2 Record the receipt of goods. 3 Record the expenditures. 4 Record the payment for goods. Credit Mc (Graw a.&b. Prepare journal entries in the General Fund general journal to record the issuance of purchase orders and to of and payment for goods during the year. Also show subsidiary detail for the Encumbrances and Expenditur entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) 5:05 View transaction list Journal entry worksheet ok mt Record the issuance of purchase orders. 3 ences Note: Enter debits before credits. Transaction General Journal Debit Crecit a Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 Record the receipt of goods. Note: Enter debits before credits General Journal Debit Credit Transaction b(1) View general journal Clear entry Record entry View transaction list Journal entry worksheet 38 Record the expenditures. Note: Enter debits before credits. General Journal Debit Credit Transaction b(2) nces Record entry Clear entry View general journal View transaction list Journal entry worksheet 1 2 3 4 Record the payment for goods. Note: Enter debits before credits General Journal Debit Credit Transaction b(3) View general journal Clear entry Record entry CITY OF HICKORY HILLS Appropriations, Expenditures, and Encumbrances Ledger Encumbrances Expenditures Appropriations Decrease Balance Dr Dr(Cr) Balance Dr Appropriations Balance Cr Dr(Cr) Cr (CT) (CT) Cr (Dr) (Dr) Account Description General Government 164 200 164,200 Purchase Orders Good received 164,200 4,400 164 200 0 159,800 159,800 Public Safety Purchase Orders Supplies received Public Works Purchase Orders Supplies received Culture and Recreation Purchase Orders Supplies received Health and Welfare Purchase Orders Supplies received Miscellaneous Purchase Orders Supplies received c. Does the fact that the actual cost of goods received during the year exceeded the estimated cost when ordered suggest a budgetary or management problem? O Yes ONo Next >