A new truck was ordered for the sanitation department at a cost of $122,200 on September 3, 2018.
Required:
(A) Prepare the required journal entry in the general fund for the governmental fund financial statements.
(B) Prepare the required journal entry for the government-wide financial statements.

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The Answer of A new truck was ordered for the sanitation department at a cost of $122,200 on September 3, 2018.
Required:
(A) Prepare the required journal entry in the general fund for the governmental fund financial statements.
(B) Prepare the required journal entry for the government-wide financial statements.

A New Truck Was Ordered for the Sanitation Department at a Cost