(Journal entries and subsidiary ledgers)

prepare the gerneral entries to record the following Gereral Fund trascations and events of Mercury Towship for the fiscal year ended December 31, 2008. Also,prepare revenue and appropriations subsidiary ledgers and make the necessary postings there to. Assume that Mercury Township vouchers all expenditures prior to payment. when you have finished your work, refer to your subsidiary ledgers to answer the following questions as of the end of fiscal 2008:

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