A village ordered supplies for its Fire Department at an estimated cost of
$15,030
. The supplies were received with an invoice for
$15,120
. The village accepted the shipment and the invoice. Prepare journal entries to record these transactions in the General Fund. Note: Transactions should be classified as Public safety supplies. Note: Use Credit Vouchers payable when the expenditure is recorded.

Question

A village ordered supplies for its Fire Department at an estimated cost of

$15,030

. The supplies were received with an invoice for

$15,120

. The village accepted the shipment and the invoice. Prepare journal entries to record these transactions in the General Fund. Note: Transactions should be classified as Public safety supplies. Note: Use Credit Vouchers payable when the expenditure is recorded.

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