E 19-13 Identification of fund type and transaction analysis Perez County entered into a number of transactions for the current fiscal year. Identify the fund or funds affected by each transaction and determine how each transaction will affect the accounting equation of the particular fund.

1. Perez County issued $10 million of general obligation bonds at par to finance construction of a new county office building.

2. The county purchased a truck for a general governmental department. The cost of the truck, $22,000, was paid in cash.

3. The county-owned and operated electric utility billed residents and businesses $500,000 for electricity sales.

4. The county paid $2 million to High Rise Construction Company during 2008 for work completed during the year.

5. The county paid general governmental employee salaries of $4,500. Another $500 of salaries accrued but has not been paid.

6. The county borrowed $7,500 on a six-month note to finance general operating costs of the government.