On July 22, 2021, Portland (city) ordered new office equipment at an anticipated cost of $275,000. The office equipment was received on July 31, 2021 with an actual cost of $282,400. Payment was subsequently made on August 15, 2021.

Required:

1. Prepare all the required journal entries and identify the type of fund in which each entry was recorded for the Fund Financial Statements.
2. Prepare all the required journal entries recorded for the Government-Wide Financial Statements.