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Explain the various types of monetary transfers that occur within funds maintained by a state or local government. In the City of Manchester, New Hampshire,

Explain the various types of monetary transfers that occur within funds maintained by a state or local government.
In the City of Manchester, New Hampshire, Fund A transfers $20,000 in cash to Fund B. For each of the following, indicate whether the statement is true or false, and if false, explain why.
-If Fund A is the general fund and Fund B is an enterprise fund, nothing is shown for this transfer on the statement of activities within the government-wide financial statements.
-If Fund A is the general fund and Fund B is a debt service fund, nothing is shown for this transfer on the statement of activities within the government-wide financial statements.
-If Fund A is the general fund and Fund B is an enterprise fund, a$20,000 reduction is reported on the statement of revenues, expenditures, and other changes in fund balance
for the governmental funds within the fund financial statements.
-If Fund A is the general fund and Fund B is a special revenue fund (which is not considered a major fund), no changes are shown on the statement of revenues, expenditures,
and other changes in fund balance for the governmental funds within the fund financial statements.
-If Fund A is the general fund and Fund B is an internal service fund and this transfer is to pay for work done, the general fund will report an expense of $20,000 within the fund
financial statements.
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