Chapter 2 The Use of Funds in Governmental Accounting P2-4 (Identification of activities with particular governmental-type funds) Using only the governmental-type funds, indicate which would be used to record each of the fol. lowing transactions and events: GF General Fund Debt Service Fund Permanent Fund S Specal Reme CPF Capital Projects Fund CF. The city tansicresd ash to thalfundaosed to Sucumnte sue to pas bod gxipsil and interest. 2. The city received its share of a state sales tax that is legally required to be used to finance SRE library operations GE 3. The city sent property tax bills to homeowners to help pay for day-to-dax operating.costs- CPE 4. The city paid for five fire engines, using resources accumulated in a fund to pay for capi- tal assets CFF 5. The city received a grant from the state to build an addition to the city hall. CPF 6. The city received the proceeds of general obligation bonds to finance the construction of a new police station. GF 7. The mayor was paid his monthly salary SF 8. Expenditures for the operation of the Police Department were recorded. SRF sR9. Parks admissions fees, dgdicated for use in day-to-day maintenance of the city park system, were collected. GF 10. The city paid a contractor who had completed a report on the potential for improving police deployment as a way to reduce the crime rate. 6511. The city workers were paid their weckly salaries DSF12. The city getired some of its outstanding bonds, using money accumulated for that purpose. PF 13. A federal grant was received to help pay for the cost of constructing the new city hall. received a donation from a taxpayer with the stipulation that it be invested and kept a y, so that the income from the investments could be used to buy library books PF14. The city in perpetuity, SRF 15. The city rec eived income from the investments made in the previous activity of activities with particular governmental- and proprietary-type funds) dentitisca movernmental- and proprietary-type funds, indicate which would be used to record each Using the of the following events, Special Revenue Fund CPF Capital Projects Fund 1SFInternal Service Fund General Fund Debt Service Fund Permanent Fund SRF DSF PF EF Enterprise Fund Bonds were issued by the fund used to account for Provding wate ho the residents of a 2. The fund that finances the city's basic day-to-day opsrating adtinities lent $50,000 to the municipality fund that will provide city agencies with supplies on a user charge basis. the city for electricity provided to city agencirs & GF 3. The city-operated utility that provides elsctricity to the residents of a municipality hi R 4. The city chanter