and drag to the Favorites Bar folder O incort from another browse QUESTION 5 The City of Baconsville engaged in the following transactions. Assume that the city maintains its books and records in a manner that facilitates the preparation of fund financial statements. Prepare the appropriate journal entries in the general fund. If appropriate, write "No entry required." During the year, the city spent $12 million to build a third lane on both sides of the major north-south highway through town Debit Account Title Debit Amount Credit Account Title Credit Amount QUESTION 6 The City of Baconsville engaged in the following transactions. Assume that the city maintains its books and records in a manner that facilitates the preparation of fund financial statements. Prepare the appropriate journal entries in the general fund. If appropriate, write "No entry required. The city sold for $4,000 a police car that had been purchased four years ago at a cost of $30,000. At the time of acquisition, the city estimated that the police car had a useful life of five years and a salvage value of $5,000. Debit Title Debit Amount Credit Title Credit Amount QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answ