For each of the following transactions: a. Identify the fund in which the entries are recorded. b. Prepare the necessary journal entries. Only make the entries for the Fund-Based Financial Statements for the fiscal year ended 6/30/2018.

1. The board of commissioners of the Metro City adopted a General Fund budget for the year ending June 30, 2018, which indicated revenues of $3,800,000, bond proceeds of $520,000, appropriations of $900,000 for salaries, $800,000 for advertising, $400,000 for supplies, and $600,000 for utilities, and also operating transfers out of $980,000.

2. On March 12, 2018, Metro City ordered a new computer at an anticipated cost of $214,000. The computer was received on April 16 with an actual cost of $216,200. Payment was subsequently made on May 15, 2018.

3. The Metro City collected $21,000 from parking meters

4. On June 14, 2018, Metro City agreed to transfer cash of $94,000 from the General Fund to provide permanent financing for a municipal swimming pool that will be viewed as an Enterprise Fund. The cash was transferred on June 30.

5. The city issued a $1,000,000 bond was issued on October 1, 2018 to purchase a new building. The bonds carried a 6% interest rate and are due in 10 years.

6. The city acquires a building for $1,000,000 cash and immediately begins renovations on it.

7. Depreciation on the building for the year is $25,000.

8. Property taxes of 1,400,000 are levied for Metro City. The city expects that 5% will be uncollectible. Of the levied amount, $30,000 will be collected next year, after more than 60 days.

9. The city assesses and collects $35,000 from the citys citizens for a sidewalk project.

10. The city hires a contractor to construct the sidewalks. The contractor completes the project and is paid $35,000.

11. The city receives a cash grant of $15,000 for the purpose of landscaping city property.

12. The city transfers $17,000 cash from the General Fund to the Debt Service Fund.

13. The city pays interest of $17,000 on debt