On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund.
Required:
(A) What journal entry was required for the governmental fund financial statements?
(B) What journal entry was required for the government-wide financial statements?

Question

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The Answer of On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund.
Required:
(A) What journal entry was required for the governmental fund financial statements?
(B) What journal entry was required for the government-wide financial statements?

On July 1, 2018, Fred City Ordered $1,500 of Office