Problem 2. (15 points for each of the following transactions, please indicate which fund would be the most likely used to record the transaction: Transaction Fund 1. Proceeds from the sale of general obligation bonds to be used to construct a new county courthouse, 2. Proceeds from the sale of revenue bonds to be used to expand the wastewater treatment plant are deposited. 3. Supplies are purchased for the city manager's office. 4. The county's purchasing department purchases supplies for the different government offices 5. General obligation bond principal and interest payments are paid using property tax revenues approved in a bond election. 6. The proceeds for a loent sales tax restricted for building homeless shelters. 7. The county collects property taxes for Blake City, Blake Independent School District, Blake Community College, and Blake County Hospital 8. $1 million is donated as a permanent endowment, the earnings from which will be used to support the operating expense of the city's public library. 9. $500,000 was received by the city to be used for giving out funds to private organizations. 10. Pension benefits are paid to city retirees 11. A new fire engine is purchased using general revenues. A capital projects fund is not required 12. Federal grant monies are received for the county's mental health and indigent care program. 13. Police salaries are paid. 14. The county holds a certificate of deposit (CD) in a trast on the behalf of Blake Independent School District (BISD). The investment return on the CD benefits the BISD and the CD is legally protected from the county's creditors. 15. Citizens pay wastewater utility bills. States) Focus