The following schedule shows the amounts related to supplies that the City of Pascal debited and Credited to the indicated accounts during the year (not necessarily year-end balances), before closing entries. The city records its budget, encumbers all of its expenditures, and initially vouchers all payments. All revenue was collected in cash.
REQUIRED:
Some information is missing in the schedule below. Determine the missing data by reconstructing (in summary) the journal entries the city must have made during the year.
Correct Answer:
Verified
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