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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Prepare thegeneral journal entriesrequired to record each of the following transactions. This assignment may be completed in either Microsoft Word or Excel.
1. The Fair Employment Commission (FEO) received a warrant from the treasury for a $2,000,000 appropriation from Congress for the fiscal year beginning October 1, 20XX (fill in the current year).
2. The EEOC apportioned to the commission $500,000 of its appropriation.
3. The commission head allocated $400,000 to specific purposes.
4. Salaries incurred and paid for the quarter totaled $120,000.
5. Purchase orders for equipment estimated to cost $50,000 were requested.
6. Equipment estimated to cost $33,000 was ordered.
7. The equipment also received along with an invoice for its cost, $32,890.
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