government institutional accounting create journal entries for all of the following 4119757

 Government/institutional Accounting Create journal entries for all of the following situations. a. On 10/1/2010, a for-profit Company A provides $100,000 of service to Company B. Company B plans to pay their bill 90 days later.  i. Create the journal entry when the service is provided.  ii. Create the journal entry when the cash is received. b. On 12/1/2010, the city's recreation department receives a government grant of $100,000 specifically to use for next year's park upgrades, which will begin on 1/1/2011.   i. Create the journal entry made when the cash is received.   ii.

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