Accounting for expenditures. Prepare entries in the general fund for the following transactions that represent outflows of financial resources to the city of Cedar Creek in 2018: 1. Vouchers are...

Accounting for expenditures. Prepare entries in the general fund for the following transactions that represent outflows of financial resources to the city of Cedar Creek in 2018:

1. Vouchers are prepared for the following items and amounts:

2. A transfer of $50,000 is made to the debt service fund.

3. There was no inventory of supplies at the start of the year. The inventory of supplies at yearend is $2,000.