10:51 Excerise 2 (LO 5,7,9) - Saved Sign in File Home Insert Draw Layout Review View Calibri (Bod... 11 . B I U ao A A E A Exercise 2 (LO 5,7,9) Accounting and reporting a. Revenues b. Expenditures c. Other financing sources and uses d. Residual equity transfer e. Statement of revenue, expenditures, and changes in fund balance is not affected. 1. An unrestricted state grant is received. 2. The general fund paid pension fund contributions that were recoverable (reimbursed) from an internal service fund. 3. The general fund paid $60,000 for electricity supplied by the electric utility enterprise fund. 4. General fund resources were used to subsidize the swimming pool enterprise fund. 5. General fund resources of $90,000 were loaned to an internal service fund. 6. A motor pool internal service fund was established by a transfer of $80.000 from the general fund. This amount will not be repaid unless the motor pool is disbanded. 7. General fund resources were used to pay amounts due on an operating lease. c v B N M 10:51 Excerise 2 (LO 5,7,9) - Saved Sign in File Home Insert Draw Layout Review View Calibri (Bod... 11 . B I U ao A A E A Exercise 2 (LO 5,7,9) Accounting and reporting a. Revenues b. Expenditures c. Other financing sources and uses d. Residual equity transfer e. Statement of revenue, expenditures, and changes in fund balance is not affected. 1. An unrestricted state grant is received. 2. The general fund paid pension fund contributions that were recoverable (reimbursed) from an internal service fund. 3. The general fund paid $60,000 for electricity supplied by the electric utility enterprise fund. 4. General fund resources were used to subsidize the swimming pool enterprise fund. 5. General fund resources of $90,000 were loaned to an internal service fund. 6. A motor pool internal service fund was established by a transfer of $80.000 from the general fund. This amount will not be repaid unless the motor pool is disbanded. 7. General fund resources were used to pay amounts due on an operating lease. c v B N M