A$235 purchase order for advertisements soliciting bids for the elm street project was issued march 1, 2020. the bill for advertising in the amount of $230 was received march14, 2020 and a voucher for payment was issued. required: record the encumbrance, billing, and the vouchers payable liability in the street improvement fund and governmental activities journals, as appropriate.

Heather has been an active participant in a defined benefit plan for 19 years. during her last 6 years of employment, heather earned $42,000, $48,000, $56,000, $80,000, $89,000, and $108,000, respectively (representing her highest-income years). calculate heather’s maximum allowable benefits from her qualified plan (assume that there are fewer than 100 participants). assume that heather’s average compensation for her three highest years is $199,700. calculate her maximum allowable benefits.