26. Other Interfund Transactions: Transfers

Transactions:

1. The $10 of remaining assets (cash) from a terminated Capital Projects Fund (CPF #1) were received by the General Fund.

2. General Fund resources of $250 were paid to a newly established Capital Projects Fund (CPF #2). The resources will not be repaid to the General Fund.

3. The government ordered that $140 be paid from its General Fund to the fund that services the principal and interest payments on its long-term debt.

4. The government directed that $200 be moved from the General Fund to the Jail Addition Capital Projects Fund (CPF-JA) to provide additional funding for the project. The actual payment will occur at the beginning of the next fiscal year.

Requirement: Complete the general journal entries. Use appropriate account titles where needed.