a city orders a new computer for its general fund, Financial Accounting

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a city orders a new computer for its general fund

A city orders a new computer for its General Fund at an predictable cost of $88,000. Its actual cost when received is $89,400. Payment is consequently made. Give all necessary journal entries for fund and government-wide financial statements. What information do the government-wide financial statements present? What information do the fund financial statements present?

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Financial Accounting: a city orders a new computer for its general fund

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Financial Accounting: a city orders a new computer for its general fund

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