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.

Prepare all required journal entries for both fund (General Fund) and government-wide (Governmental Activities) financial statements. Prepare the entries for the government-wide financial statements first. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1. Record orders placed for computers - Governmental Activities. 2. Record actual cost of computers - Governmental Activities. 3. Record payment made for computers - General Fund. 4. Record entry to remove encumbrance for computers that has now been received - General Fund. 5. Record the receipt of computers and the accompanying liability - General Fund. 6. Record payment made - General Fund.