2. A city orders a new computer for its General Fund at an anticipated cost of $94,700. Its actual cost when received is $96,880. Payment is subsequently made.

a. Prepare all required journal entries for both fund and government-wide financial statements. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Transaction	Fund/Activity	General Journal	Debit	Credit
1. Received in the computers and the accompanying liability.
1	?	Record the receipt of computers and the accompanying liability.
		?
		?
		?
		Record payment made.
		Vouchers payable	96,880
		Cash		96,880
2. Received in the payment made for computers.
2	?	Record payment made for computers.
		?	94,700
		?		94,700
		?
		Record entry to remove encumbrance for computers that has now been received.
		?
		?
		?
		?
		Record the receipt of computers and the accompanying liability.
		?	96,880
		Vouchers payable		96,880
		?
		Record payment made.
		Vouchers payable	96,880
		Cash		96,880
		?