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A 20 points The City of Jomboto engaged in the following transactions during the final yew ended September 30 1 The City transferred $300,000 from

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A 20 points The City of Jomboto engaged in the following transactions during the final yew ended September 30 1 The City transferred $300,000 from the General Fund to the Debt Service Fund to make the interest payments dur during the fiscal your The payments de during the fiscal year were paid 2. The Cily tartered $75,000 from the Air Operations Special Revenue and to the General Fund to close out the operations of thout hand 3. The City paid $130,000 from the General Fond to the City Electric Utility Enterprise Fund for the utilities ined by the general and administrative officers duvis the year 4 The City transfered the actually determined pension contribution of 52 million from the General Fund to the City's Pension Trust Fund 5 The City acquired a piece of equipment for $140,000 The equipment will be used by the Street Dapurtment. The City Financed the purchasin by borowing $100.000 from the local bank at 5% interest 6. The City transtored $1,500,000 from the General Fund to the Debt Service Fund to make principal and interest payments during the currentymu. 7. The City mide payments at $1 milion principal and $500,000 interest on bords that had been outstanding for several years 8. On September 1, the City acquired several computers through an operating lease. The Cly made the tease payments of $50.000 on September 30 Required: Prepare the necessary Journal tries to record the transactions Identity the fund or account group in which the abowa wvents would but contend Amounts Transaction Fund Account Group Account Title Debit Credit A 20 points The City of Jomboto engaged in the following transactions during the final yew ended September 30 1 The City transferred $300,000 from the General Fund to the Debt Service Fund to make the interest payments dur during the fiscal your The payments de during the fiscal year were paid 2. The Cily tartered $75,000 from the Air Operations Special Revenue and to the General Fund to close out the operations of thout hand 3. The City paid $130,000 from the General Fond to the City Electric Utility Enterprise Fund for the utilities ined by the general and administrative officers duvis the year 4 The City transfered the actually determined pension contribution of 52 million from the General Fund to the City's Pension Trust Fund 5 The City acquired a piece of equipment for $140,000 The equipment will be used by the Street Dapurtment. The City Financed the purchasin by borowing $100.000 from the local bank at 5% interest 6. The City transtored $1,500,000 from the General Fund to the Debt Service Fund to make principal and interest payments during the currentymu. 7. The City mide payments at $1 milion principal and $500,000 interest on bords that had been outstanding for several years 8. On September 1, the City acquired several computers through an operating lease. The Cly made the tease payments of $50.000 on September 30 Required: Prepare the necessary Journal tries to record the transactions Identity the fund or account group in which the abowa wvents would but contend Amounts Transaction Fund Account Group Account Title Debit Credit

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