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Pepare entries for the following:: Levy a prop tax of 60; expect to only collect 55 Place an order for goods of 75 The goods

Pepare entries for the following::

  1. Levy a prop tax of 60; expect to only collect 55

  2. Place an order for goods of 75

  3. The goods arrive but the price is 78 ( 2 entries)

  4. At Jan 1, the state legislature says we can spend 500 during this upcoming year.

  5. Receive a notice from the Fed govt that they will send us a gift of 1,000.

  6. Decide to transfer 200 to Fund X.

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