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Business, 12.02.2020 00:51 zionlopez543

During July, the first month of the fiscal year, the Town of Willingdon issued the following purchase orders and contracts.
General government $ 870,000
Public safety 470,000
Public works 82,000
Health and welfare 72,000
Miscellaneous 32,000
Total purchase orders
and contracts $1,526,000
Required:
a-1. Prepare the general journal entry to record the issuance of the purchase orders and contracts.
a-2. Show entries in subsidiary ledger accounts.

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