indicate

lerest on general obligation bonds Eity where the principal is to remain intact forever and the earnings to be used to benefit the Boy Scout and Girl Scout organizations in the city ie c IIL. Transaction Analysis. (42 points) Use the formatted answer sheet provided to analyze the effects of each of transaction on the accounting equations of each fund or no increases by positive amounts, indicate decreases by puting the amount in pareatheos. nfund account affected by the transaction, Indicate 1. Beverly County issued at par $20 million ofgeneral obligation, 10% 10-year bonds The resources are to be used to construct a new civic center downtown 2. The county paid $100,000 to Fancy Dan Construction Company for work completed drig the year. the bonds are to be repaid. The purpose of shifting the resources wasto provide for the principal and interest payments to be made during the fiscal year. 3. During the year the county transfered $250,000 of general fund cash to the fund from wich GCA and GLTL 4. $200,000 of the bonds and $20,000 of interest matured and were paid Fund Affected G Governmental Funds 2. 3. 4. lerest on general obligation bonds Eity where the principal is to remain intact forever and the earnings to be used to benefit the Boy Scout and Girl Scout organizations in the city ie c IIL. Transaction Analysis. (42 points) Use the formatted answer sheet provided to analyze the effects of each of transaction on the accounting equations of each fund or no increases by positive amounts, indicate decreases by puting the amount in pareatheos. nfund account affected by the transaction, Indicate 1. Beverly County issued at par $20 million ofgeneral obligation, 10% 10-year bonds The resources are to be used to construct a new civic center downtown 2. The county paid $100,000 to Fancy Dan Construction Company for work completed drig the year. the bonds are to be repaid. The purpose of shifting the resources wasto provide for the principal and interest payments to be made during the fiscal year. 3. During the year the county transfered $250,000 of general fund cash to the fund from wich GCA and GLTL 4. $200,000 of the bonds and $20,000 of interest matured and were paid Fund Affected G Governmental Funds 2. 3. 4