Assume that the City of Flagstone maintains its books and records in a manner that facilitates the preparation of fund financial statements. Serenity maintains the following Funds: General Fund, Capital Projects Fund Special Revenue fund. During the current fiscal year, the city engaged in the following transactions. Record all transactions. Be sure to indicate clearly the fund in which the entry is made.

Use the following Accounts for your Journal Entries: Cash Revenue Property Taxes Revenue Hotel Occupancy Taxes Proceeds Loans Proceeds - Bonds Expenditure Trash Truck Expenditure Wages

a. The city sold bonds, face value $14,200,000 million at par to finance the construction of a new government administration building. Name of the Fund_____________________________

b. The city paid wages to employees of $725,000. Name of the Fund_____________________________

c. The city collected $1,820,000 of property taxes levied for the general operations of the city. Name of the Fund_____________________________

d. The city received $620,000 on Hotel Occupancy Tax which is to be dedicated to promote tourism. Name of the Fund_____________________________

e. The city acquired a new Trash Truck for $136,000. The city paid $36,000 in cash and received proceeds from a bank loan for $100,000 that is due in three years at an interest rate of 6%. Name of the Fund_____________________________