and drag to the Favorites Bar folder. Or import from another browser. QUESTION 1 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." a) The city purchased for cash three dump trucks for $80,000 each. Debit Account Title Debit Amount Credit Account Title Credit Amount QUESTION 2 1 pc 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 traded in a pickup truck used in general government operations for a new pickup truck, paying a difference of $18,000. The old pickup truck was purchased four years ago at a cost of $21,000. At the time it had an estimated useful life of five years and an estimated salvage value of $6,000. At the time of the trade the old truck had a fair value of $10,000. The new truck has a sticker price of $29,000. Debit Account Title Debit Amount Credit Account Title Credit Amount Click Save and Submit to save and submit. Click Save All Answers to save all answers