Record the following transactions. 1. A city ordered supplies for its General Fund departments at an estimated cost of $100,000. 2. The city ordered equipment for its General Fund departments at an estimated cost of $275,000. 3. A city received half the supplies ordered. The actual cost of $51,000 was paid. 4. The city received the equipment it had ordered. The actual cost was $275.00.

Journal entries required for government accounting