Question

Missing data can be derived, and journal entries constructed, from information in the accounts. The following...

Missing data can be derived, and journal entries constructed, from information in the accounts.
The following schedule shows the amounts (in thousands) related to expenditures that a city welfare department debited and credited to the indicated accounts during a year (not necessarily the year‐end balances), excluding closing entries. The department records its budget, encumbers all its expenditures, and initially vouchers all payments. Some information is missing. You are to determine the missing data and construct all entries (in summary form), excluding closing entries, that the department made during the year.


Debit Credit
Cash $ 0 $30
Vouchers payable ? ?
Estimated expenditures (Appropriations) 0 44
Encumbrances ? ?
Expenditures 40 0
Reserve for encumbrances 28 42
Fund balance—unassigned ? 0

Missing data can be derived, and journal entries constructed, from information in the accounts.
The following schedule shows the amounts (in thousands) related to expenditures that a city welfare department debited and credited to the indicated accounts during a year (not necessarily the year‐end balances), excluding closing entries. The department records its budget, encumbers all its expenditures, and initially vouchers all payments. Some information is missing. You are to determine the missing data and construct all entries (in summary form), excluding closing entries, that the department made during the year.


Debit Credit
Cash $ 0 $30
Vouchers payable ? ?
Estimated expenditures (Appropriations) 0 44
Encumbrances ? ?
Expenditures 40 0
Reserve for encumbrances 28 42
Fund balance—unassigned ? 0
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