Inventory transactions can be derived from a limited amount of data.

The following schedule shows the amounts related to supplies that a city debited and credited to the indicated accounts during a year (not necessarily the yearend balances), excluding closing entries. The organization records its budget, encumbers all its expenditures, and initially vouchers all payments. It accounts for supplies on a consumption basis.

Debits Credits (in thousands)

Cash $0 $70

Inventory 0

Vouchers payable

(Appropriations) 0 115

Encumbrances

Expenditures 57 0

Reserve for encumbrances 57 93

Unassigned fund balance 0

Nonspendable fund balance

(supplies inventory) 0

Some information is missing. By reconstructing the entries that the organization made during the year, you are to determine the missing data. The city began the year with $5,000 of supplies in inventory and ended the year with $6,000.