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Q2: ..( 8 points) Some information is missing. you are to determine the missing data. The city began the year with $15.000 of supplies in

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Q2: ..( 8 points) Some information is missing. you are to determine the missing data. The city began the year with $15.000 of supplies in inventory and fund balance reserved for encumbrances $5,000 (the government reappropriates outstanding commitments )and ended the year with $21,000 of supplies inventory, and the city accounts for supplies on a purchases method. (Amounts below are not balances but resulting from journal entries made during year before closing entries were made and the government vouchers all its purchases, and the actual costs of supplies received are as estimated, all revenues are collected in cash) Debits EI A B 0 0 Cash Inventory Actual revenues Appropriations Encumbrances Expenditures Reserve for encumbrances Fund balance assigned Pand balance nonspendable Credits 42.000 0 205.000 82.000 D 0 75.000 G 11 E 68000 F 0 1 ANSWER FORM A 1 G E D F Q2: ..( 8 points) Some information is missing. you are to determine the missing data. The city began the year with $15.000 of supplies in inventory and fund balance reserved for encumbrances $5,000 (the government reappropriates outstanding commitments )and ended the year with $21,000 of supplies inventory, and the city accounts for supplies on a purchases method. (Amounts below are not balances but resulting from journal entries made during year before closing entries were made and the government vouchers all its purchases, and the actual costs of supplies received are as estimated, all revenues are collected in cash) Debits EI A B 0 0 Cash Inventory Actual revenues Appropriations Encumbrances Expenditures Reserve for encumbrances Fund balance assigned Pand balance nonspendable Credits 42.000 0 205.000 82.000 D 0 75.000 G 11 E 68000 F 0 1 ANSWER FORM A 1 G E D F

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