Basic Journal Entries--- Government

1. Decide to transfer 40 cash to Fund Z
2. Receive notice that Fund X will send us 50.
3. Levy a property tax of 200, expect 15 to go bad
4. Collect 45 of the 200
5. Collect sales tax, 58
6. Collect fines, 39
7. Receive notice of Federal grant, 700
8. Get the cash
9. Accrue workers salaries, 250
10. Accrue utility bill, 190
11. Buy machine, 500 cash
12. Depreciation = 58
13. Sell the machine for 470 cash
14. Borrow 600 on a bond payable, at par