On July 12, 2021, Carbondale City Ordered a New Computer

question 81

Essay

On July 12, 2021, Carbondale City ordered a new computer at an anticipated cost of $126,200. The computer was received on July 16, 2021 with an actual cost of $129,450. Payment was subsequently made on August 15, 2021.Required:(A) Prepare all the required journal entries and identify the type of fund in which each entry was recorded for the governmental fund financial statements.(B) Prepare all the required journal entries to be recorded for the government-wide financial statements.

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Definitions:

Negatively Accelerating

Refers to a curve or trend where the rate of increase slows down as the variable grows, often found in contexts regarding growth and performance metrics.

Diversity

The inclusion of individuals with a wide range of characteristics, such as cultural backgrounds, languages, races, ages, genders, etc., within a group or organization.

Social Category Diversity

The presence of diverse social identities within a group, such as differences in race, gender, ethnicity, which can impact group dynamics and outcomes.

Attentional Focus Model

A theoretical framework describing how focusing attention on different aspects of a task can influence performance and learning.