Mary T Lincoln works for the City of Columbus She
Mary T. Lincoln works for the City of Columbus. She volunteered to work over the 2013
Christmas break to earn a short vacation during the first week of January 2014. She earns three
vacation days and will be paid $400 per day. She takes her vacation in January and is paid for
those days.a. Prepare the journal entries on the government-wide financial statements for 2013
and 2014 because of these events.b. Assume that Lincoln works in an activity reported within
the General Fund. Prepare journal entries for the fund financial statements for 2013 and 2014
because of these events.c. Assume that Lincoln works in an activity reported within the General
Fund but that she does not plan to take her three vacation days until near the end of 2014.
What journal entries should be made for the fund financial statements in 2013 and 2014?View
Solution: Mary T Lincoln works for the City of Columbus She
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