How to Report each Transaction

Analyze the effects of the following transactions on the accounting equations of the district's numerous fund and nonfunded accounts. $($Include any required year$-$end interest accruals in your answers.$)$

Indicate how each transaction should be reported in the operating statement for each affected fund. Identify both the fund and the operating statement.

During the $20$X$6$ fiscal year, instructors and other instructional personnel were paid a total of $$67,000,000.$ During the fiscal year, salaries payable rose by $$1,240,000$