Continuous Problem-Chol 1 6-C. Part 2. Enterprise Fund Transections The City of Monroe maintains a Water and Sewer Fund to provide utility services to its citizens. As of January 1, 2020, the City of Monroe Water and Sewer Fund had the following account balances Cash Customer Accounts Receivable Estimated uncollectible Accounts Receivable aterials and Supplies Mvance to stores and Services Fund Restricted Assets water Treatment Plant in service construction work in progress Accumulates Depreciation water treatment Plant Accounts Payable Revenue Sonds Payable Position Tos Debits 3102,000 00,000 Credits $ 4,500 20,000 14,000 4,200,000 Required a fecond the following transactions in the general journal of the City of Monroe Water and Sewer Uety Fund During the year sales of water to non-govemment customers amounted to 1025.000 and sales of water to the General Fund moumed to $37.000 Collections from non-government customers amounted to $083000) 0 The Stores and Services Fund repaid $5000 of the long term edvance to me wel ander W Meters and supplies in the amount of $251,000 were received. A latiny in an amount was recorded Mananas and sucosers were sued and were charged to the fosowo accounts cost otses and services, $100,000 Dob, Mion, $18,000, construction work in progress, $50,000 thi Payton costs for the year skied $415,200 ps $34,200 for the employer's share of peren saves or ma amount $35,000 was sed in cash and the remainder was withhead for tames The $450 400 1416200-54.200 we outed as Rusows cost of saws aid services, $265.000, ses, $43.000, admestration, $91400 construction work orogress $49.300 Bond Interest in the amour of $102.000 was pat W with the revenue tona indemure, $25.000 cash was transferred from operating cash to resected assets On Construction projects M water tremment plant pefected m the beginning leance of construcnon in process) were completed the amount of $214.000, the assets were placed in service Payments for these amounes were made the previous year ho effect on 2020 Stef Cash Fon 80s Costum efforts were discuted on any $3,500 The unpala receives were women off An analys of castomer recevate visnes Stores undated the Esemated Uncollectte Accounts needed to be mcreased by $0.500 2000. Payments of peyrolt taes totaled $05.200 19ome a Seces Fune nouned to se.000 Cash in the amount of $50.000 was paid to the year was mnged to be $261000 es to the Weer and Sewer Fund edger B ons to Net Poon Compute the balance in the Net Po accounts ag 9 Search Phee Nest