The following events and transactions relate to the purchase and use of supplies inventory for Jedville Township:

1. On March 21, 2019, supplies were ordered at an estimated cost of $847,000.
2. Supplies were received on April 4, 2019, and the actual cost of $850,000was paid in cash.
3. On December 31, 2019, $70,000in supplies remain. (Assume there was no beginning balance.)
4. On February 23, 2020, supplies were ordered at an estimated cost of $855,000.
5. Supplies were received on March 6, 2020, and the actual cost of $860,000was paid in cash.
6. On December 31, 2020, $60,000in supplies remain.

1. journal entries to record the inventory transactions in Jedville's General Fund using the consumption method of accounting for inventory. Record the year-end adjusting and closing entries wherever necessary.
2. journal entries to record the inventory transactions in Jedville's General Fund using the purchases method of accounting for inventory. Record the year-end adjusting and closing entries wherever necessary.
3. journal entries to record the inventory transactions in Jedville's governmental activities ledger. Record the year-end adjusting and closing entries wherever necessary.