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16-2, 164, 16.7. 5-6, 16-11 Kcel j. A portion une lonowing trans- Prepare joumal entries for the City of Pudding's governmental funds to actions, first
16-2, 164, 16.7. 5-6, 16-11 Kcel j. A portion une lonowing trans- Prepare joumal entries for the City of Pudding's governmental funds to actions, first for fund financial statements and then for government-wide financial statements a. A new truck for the sanitation department was ordered at a cost of $94.000. b. The city print shop did $1,200 worth of work for the school system (but has not yet been paid). c An $11 million bond was issued at face value to build a new road. d. The city transfers cash of $140,000 from its general fund to provide permanent financing for a municipal swimming pool that will be maintained as an enterprise fund. c. The truck ordered in (a) is received but at an actual cost of $96,000. Payment is not made at this time. . The city transfers cash of $32,000 from its general fund to a capital projects fund. 8. The city receives a state grant of $30,000 that must be spent to promote recycling by the citizens. h. The first $5,000 of the state grant received in () is expended as intended. ne fund
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