Question: Lecture Notes: Topic SLG [continued]: Take-home Examination Problem GF-BU: Gold City od City was organized January 1, 2005 and adopted the following accounting procedures its

Lecture Notes: Topic SLG [continued]: Take-home Examination Problem GF-BU: Gold City od City was organized January 1, 2005 and adopted the following accounting procedures its General Fund: All transactions of $1,000 or more with non-City entities. which will not be pard within 30 days, must be encumbered. All transactions with outside (non-City) entities must be processed through the voucher system. 9 Budgets will be entered into the accounts. 0 The City's fiscal year will be the calendar year. * The City will take maximum advantage of discounts offered; otherwise, the City will pay its bills on the dates due. Required: Prepare Gold City's General Fund (GF) (only) general ledger control account journal entries, in professional form, for the independent events (unless otherwise noted) shown on each of the following dates. Note carefully the date when money actually moves. Use account titles used in the Lecture Notes. Do not abbreviate. Reference each journal entry to the corresponding typical journal entry listed in the

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