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Home / Questions / For each of the following events or transactions, identify the fund or funds that will be

For each of the following events or transactions, identify the fund or funds that will be

For each of the following events or transactions, identify the fund or funds that will be affected.

 

1.A city government charges a fee for the use of the municipal golf course.

2.Interest is paid on state government revenue bonds.

3.A motor pool was established to handle the vehicle needs of a county government.

4.Paid salaries for general governmental employees.

5.Accrued salaries for general governmental employees.

 

10) For each of the following events or transactions, identify the type of fund(s) that will be affected.

 

1.A central purchasing department was established to handle all the purchasing needs of a county government.

2.A county government levies sales taxes restricted as to use for job creation.

3.A county government receives a large contribution specifying that income from the contribution be distributed each year to the county zoo. The principal is to remain intact indefinitely.

4.A city government paid construction costs of $12,000 on city hall building.

5.A city government paid general operating costs.

Dec 07 2019 View more View Less

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