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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

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

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