Question
The following transactions were made by the City of Morrell:
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June 2, 2015 |
Purchase orders of $57,000 were approved. |
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June 17, 2015 |
Goods of $32,000 of the purchase orders were received. Theseitems are in good order. The invoices totaled $29,000 and voucherswere approved for payment. |
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June 30, 2015 |
Make entries for the City of Morell's year-end to close theencumbrances and the start of the next fiscal year on July 1, 20X5to reinstate them. |
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July 16, 2015 |
The remaining items arrived in good order. |
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The invoices totaled $25,000. |
Required: Record the following transactions thatoccurred during 2015
