Government makes appropriations RO 700,000 to Muscat School for the month of January, 2012. The following transactions were occurred during the month. Salary paid RO 410,000 ➤ Purchase order were issue for supplies RO 210,000 ➤ Ordered supplies were received with a voucher for RO 200,000 ➤ Transferred to Debt Service Fund RO 50,000 Prepare Appropriation, Encumbrances, Expenditure and Fund balances ledger for the month of January, 2012.

Government makes appropriations RO 700,000 to Muscat School for the month of January, 2012. The following transactions were occurred during the month. Salary paid RO 410,000 ➤ Purchase order were issue for supplies RO 210,000 ➤ Ordered supplies were received with a voucher for RO 200,000 ➤ Transferred to Debt Service Fund RO 50,000 Prepare Appropriation, Encumbrances, Expenditure and Fund balances ledger for the month of January, 2012.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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