Interfund transactions Prepare journal entries to record these interfund transactions in each affected fund: 1. The General Fund makes a short-term loan of $75,000 to a Special Revenue Fund. General Fund Description Debit Credit Transfer out to Debt Service Fund 10,000 x 0 Cash 0 10,000 x Special Revenue Fund Description Due from General Fund Cash X Debit 0 Credit 0 2. The General Fund sends $100,000 cash to the Debt Service Fund so the latter fund can pay the debt General Fund Description Debit Credit Due from General Fund Ox X Cash O OX Debt Service Fund Description Due from General Fund Expenditures - consulting Services Debit OX 0 Credit 0 0 Debt Service Fund Description Due from General Fund Expenditures - consulting services Debit OX Credit 0 X a X 0 0 x 3. The General Fund receives a bill for $45,000 from the Motor Pool Internal Service Fun General Fund Credit Description Due from General Fund Expenditures - motor vehicle services X Debit 0 X 07 0 4 x OX Motor Pool Internal Service Fund Description Due from General Fund Due from General Fund Debit 0 Credit 0 0 x 4. The General Fund had previously paid $34,000 for consulting services and recorded Fund $10,000 for that fund's share of the consulting services. General Fund Description Debit Credit Due from General Fund X 0X Due from Capital Projects Fund 0 X 0 X 0 0 X Due from General Fund Due from General Fund 0 OX 0 4. The General Fund had previously paid $34,000 for consulting services and record Fund $10,000 for that fund's share of the consulting services. General Fund Description Due from General Fund Due from Capital Projects Fund X Debit OX 0 Credit 0 OX X Capital Projects Fund Description Cash Due to Motor Pool Internal Service Fund Debit Credit X 0 X 0 x Check Partially correct Marks for this submission: 19,00/48.00