During the year 2020, Car City established a special revenue fund for the maintenance of a baseball stadium. the fund received $ 40,000 in sales contributions.

prepare inputs to recognize:

1. The receipt of the money.

2. Expenditures totaled $ 30,000

3. $ 30,000 of payable vouchers were paid

4. received a $ 1,000 transfer from the permanent fund.

5. Prepare trial balance