i. Property for a village park is purchased, costing $120,000. No encumbrance had been made for this item. j. Additional recreational property valued at $88,000 is donated. k. Amounts of $12,000 due...

i. Property for a village park is purchased, costing $120,000. No encumbrance had been made for this item.

j. Additional recreational property valued at $88,000 is donated.

k. Amounts of $12,000 due to other village funds are approved for payment. (Note: To establish the liability to other funds, credit Due to Other Funds.)