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A city orders a new compuer for its General Fund at an anticipated cost of $88,000. Its actual cost when received is $89,400. Payment is...

30. A city orders a new compuer for its General Fund at an anticipated cost of $88,000. Its actual cost when received is $89,400. Payment is subsequently made. Give all required journal entries for fund based and government wide financial statements. What information do the government-wide-financial statements present? what information do the fund-based financail statements present?
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Accounting-8087739.xls

Date Jouranal Entries for Fund base financial Statement
Particulars
Amount
Computer……………………………………………………………….Dr
88,000.00
To General Fund
( Being...

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