Problem 16 33 (LO 16 2, 16 6, 16 7) A city orders a new computer for its General Fund at an anticipated cost of $91,300 Its actual cost when received is $93,680 Payment is subsequently made a Prepare all required journal entries for both fund and government wide 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 )

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Question: Problem 16-33 (LO 16-2, 16-6, 16-7) A city orders a new computer for its General Fund at an anticipated cost of $91,300. Its actual cost

Problem 16-33 (LO 16-2, 16-6, 16-7)

A city orders a new computer for its General Fund at an anticipated cost of $91,300. Its actual cost when received is $93,680. Payment is subsequently made.

a.	Prepare all required journal entries for both fund and government-wide 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.)

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