a$.$ Prepare the journal entries for the funds and activities. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Transaction

Fund $/$ Governmental

Activties

General Journal

Debit

Credit

The Fire Department, a governmental activity accounted for within the General Fund, purchased $$150,000$ of water from the Water Utility Fund, an enterprise fund.

$\backslash$table$[[1,$General Fund,,,$],[,,,,],[,$Governmental Activities,,,$],[,,,,],[,,,,],[,$Enterprise Fund,,,$],[,,,,]]$

A special revenue fund was awarded a $$250,000$ reimbursement grant. The General Fund advances $$75,000$ to the special revenue fund to cover initial costs associated with the grant's purpose.

$\backslash$table$[[2,$General Fund,,,$],[,,,,],[,$Governmental Activities,,,$],[,,,,],[,,,,],[,$Special Revenue Fund,,,$],[,,,,]]$

The General Fund transferred its annual contribution of $$150,000$ to the debt service fund for interest and principal on general obligation bonds due during the year.

$\backslash$table$[[,$General Fund,,$],[,,,],[,$Governmental Activities,,$],[,,,],[,,,],[,$Debt Service Fund,,$],[,,,]]$

The $$6,000$ balance in the capital projects fund at the completion of construction of a new Town Hall was transferred to the General Fund.

$4$

General Fund

Governmental Activities

Capital Projects Fund

The General Fund made a long$-$term loan in the amount of $$75,000$ to the Central Stores Fund, an internal service fund that services town departments.

$5$

$\backslash$table$[[$General Fund,,,$],[,,,],[$Governmental Activities,,,$],[,,,]]$