Question

Prepare journal entries for the general fund to record this transactions

Purchase orders were issued for in addition to the acceptance of the outstanding purchase orders from 2018. Actual expenditures included $55,000 for computer equipment. The invoices indicated actual prices that agreed to the purchase orders issued without exception. Vouchers were paid.
Purchase orders issued in addition to the acceptance of the outstanding purchase orders from 2018:					161,090
				Actual Expenditures	201,090
				Vouchers paid	199,080

Answer 1

1) Only create a journal entry when you ship the products or when the buyer receives them (depending on the PO terms and conditions). After sending the order, debit your accounts receivable account. When you receive payment from the buyer, credit your accounts receivable account to reverse the original journal entry

2) & 3)

	Debit	Credit
Equipment and other expenditures	$75,109
Accounts Payable		$75,109
Purchased materials on account
	Debit	Credit
Voucher payment	$19,908
Accounts Payable		$19,908

Voucher: debit to an asset and an expense or purchases account, with a corresponding credit to vouchers payable or accounts payable.