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Encumbrance journal entries 5 points Prepare entries in general journal form to record the following...

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Accounting

Encumbrance journal entries 5 points Prepare entries in general journal form to record the following transactions in General Fund for fiscal year 2020. The Town of Calvert had the following transactions. 1. A purchase order was issued for supplies in the amount of $12,000 for supplies. 2. The supplies ordered in #1 were received in the amount of $15,000 and paid in cash. 3. A purchase ordered was issued for furniture in the amount of 35,000. 4. The furniture in # 3 was received and vouchered in the amount of $47,000. 5. The furniture received in # 4 was paid in cash in the amount of $47,000

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