Question 21 (10 points) As of July 1, 2019, the City of Saratoga Springs decided to purchase a privately operated swimming pool and to create a Swimming Pool (Enterprise) Fund. During the year, the following transactions occurred: a. A permanent contribution of $1,200,000 was received from the General Fund. b. Charges for services amounted to $720,000, all received in cash. Record the necessary journal entries for these transactions. TEST