EX. 5-10 The manner in which a Iransfer is accounted for depends on its nature. Prepare general fund journal entries to record the following cash transfers that a city made from its general fund to other funds. Be sure your entry reflects the nature of the transfer. 1. $4,0000000 provide start-up capital to a newly established inermal service fiand that wll cotor 2. $50,000 to pay for data processing services provided by the data processing internal service fund 3. $38.000 to reimburse the capitial projects fund for equipment rental costs that it incurred on behalt of 4. $300.000 to pay the electric utility fund for four months of electric service s. $600,000 to enable the debt service fund to make timely payments of principal and interest on our the city's data processing activities activities accounted for in the general fund standing general obligation debt