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During 20X8, the following transfers and transactions between funds took place in the City of Matthew. 1 On March 1, a $13,100 transfer was made

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During 20X8, the following transfers and transactions between funds took place in the City of Matthew. 1 On March 1, a $13,100 transfer was made from the general fund to establish a building maintenance internal service fund. Matthew uses transfer accounts for this type of transfer. , On April 1, the general fund made an $11,800, six-month loan to the building maintenance service fund. debt service fund to pay interest. 4 On May 5, Matthew's transportation service fund billed the general fund $885 for April services. Required a Prepare journal entries and appropriate closing entries for the general fund involved that should be recorded at the time of each transfer or transaction. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet Record the transfer from the General Fund to the Building Maintenance Fund Note: Enter debits before credits. Date General Journal DebitCredi Mar 01

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