E10 (Transaction Analysis-Proprietary vs. Governmental Model) 1. Analyze the following transactions, assuming that a business-type activity was involved. (Hint: Use the proprietary funds accounting equation and the analysis format in Illustration 6.) 2. Analyze the following transactions, assuming that a general government activity was involved. (Hint: Use the accounting equations for governmental funds and the nonfund accounts and the analysis format in Illustration 7.)