779 18-10 Identify the Fund Lo2 Lo8 Write the name of the fund(s) in which each of the following transactions or events would be recorded. 1. Bonds, the proceeds of which were to be used for the construction of a new City Hall, were issued. 2. A sum of money was appropriated, to be advanced from monies on hand, to finance the establishment of a City Garage for servicing city-owned transportation equipment. 3. A contribution was rec eived from a private source. The use of the income earned on the investment of this sum of money was specifically designated by the donor. 4. Proceeds received from a bond issue were used for the purchase of the privately owned water utility in the city 5. Propert y taxes designated to be set aside for the eventual retirement of the City Hall building bonds were collected ssed or levied for any specific purpose, were 6. Real estate and personal property taxes, which had not been asse collected 7. Payment was 8. Interest was paid on the bonds issued for the purchase of the water utility made to the contractor for progress made in the construction of the new City Hall. s, the proceeds of which are to be used to pay for the improvement of streets in the residential district, The debt is to be serviced by assessments on the property benefited. The government is oblig- were issued. ated to the bondholders to assure the timely payment of principal and interest on the debt. 10. Salaries of personnel in the office of the mayor were paid 11. Interest was paid on the City Hall building bonds. 12. Installment payments were received from the property owners assessed for the street improvement project. 13. Interest was paid on bonds issued for the payment of the improvement of streets in the residential district. 14. Interest was received on the investment of moneys set aside for the retirement of the City Hall building bonds. 15. Sums of money were received from employees by payroll deductions to be used for the purchase of United States government bonds for those employees individually. 16. City motor vehicle license fees, to be used for general street expenditures, were collected 17. Materials to be used for the general repair of the streets were purchased. 18. The 19. Excess funds were transferred from the water utility to the General Fund. City Garage was reimbursed for services on the equipment of the fire and police departments