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Chapter 17 Required Prepare a general fiscal 20x1 fund 7-12 Matching Questions Involving Interfund Transactions and Transfers in the General Fund The general fund of
Chapter 17 Required Prepare a general fiscal 20x1 fund 7-12 Matching Questions Involving Interfund Transactions and Transfers in the General Fund The general fund of Mattville had several inerfund activities duing the ca 20x9. These interfund activities are presented in the lctt-hand column of of the types of interfund activities that occur in state and local governmen on the right. For each general fund transaction/transfer, sclect a leter frorm best describes the interfund activity year ended lane 30 column of the tolleowing e A accounting the list on the righi that General Fund Transactions and Transfers Type of Interfund Transactions and Transters 1. Received bills from an internal service fund for using city- A city- A Interfund loan owned vehicles. 2. Transferred cash to start an enterprise fund. The enterprise 8. Interfund service provided fund does not have to return the cash to the general fund. 3. Received cash from a special revenue fund that was and used C. Interfund transfer D. Interfund reimbursement 4. Transferred cash to a capital projects fund to help 5. Transferred cash to a debt service fund to pay interest 6. Transferred cash to the pension trust fund representing discontinued construct a building and principal of general long-term debt. the employer's contribution toward the pension of general fund employees. that these resources will be repaid with interest. revenue fund incurred and paid expenditures on behalf 7. Transferred resources to an enterprise fund. It is expected 8. Transferred cash to a special revenue fund. The special of the general fund. 9. Received cash from an internal service fund. The cash received represented repayment of an advance made during the previous year. 10. Received bills from an enterprise fund for using public nasine facilities
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