a) Debit expenditures $10,000 and credit cash $10,000.
e) Debit computers $10,000 and credit cash 10,000
b) Debit cash $30,000, and credit accounts payable $30,000.
d) Debit cash $30,000, and credit proceeds from borrowing $30,000.
e) No entry is required.
33.A state university maintains only one single general fund and accounts on a modified accrual basis purchased two computers at $5000 for each.
34. The state university destroyed one of its computers in an accident. The computer was not insured.
35. The state university borrowed $30,000 from a bank.