Question: The school system had some brochures printed by a local printing service on September 22, 2018. The school system received an invoice showing an amount

The school system had some brochures printed by a local printing service on September 22, 2018. The school system received an invoice showing an amount of $1,560 for the printing, but the bill is not due until October 15, 2018.

Required:

(A) Prepare the required journal entry in the general fund for the governmental fund financial statements.

(B) Prepare the required journal entry for the government-wide financial statements.

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