Required information The foowing information appies to the questions displayed below. The City of Ashville operates an internal service fund to provide garage space and repairs for al city-owned- and-operated vehicles. The Central Garage Fund's preclosing trial balance for the current fiscal year s as ollows. Debits $ 62,200 4,900 51,000 29,000 141,000 Credits Cash Due from Other Funds Inventory of Supplies Building Allowance for Depreciation Building Machinery and Equipment Allowance for Depreciation Hachinery s 11,200 36, 300 6,800 17,700 Vouchers Payable Net Position Net Investment in Capital iasets Net Position Unrestricted 188,300 100,400 $324,400 $324,400 The fo lowing Information, not yet reflected in the preclosing figures above, applies to the current fiscal year: L Supplies were purchased on account for $52,000; the perpetual Inventory method is used. 2. The cost of supplies used during the year was $62,200. A physical count taken as of that date showed materlals and supplies on hand totaled $40,800 at cost. 3. Salaries and wages paid to employees totaled $133,300, Including related costs. 4. Billings totaling $17000 were recelved from the enterprise fund for utility charges. The Central Garage 5. Depreclation of the building was recorded in the amount of $5,800, depreclation of the machinery and 6. Bllings to other departments for services provided to them were as fol lows: Fund paid $15,300 of the amount owed. (At the government-wide level, record the payable amount as Internal Balances.] equipment amounted to $5,100. General Fund Special Revenue Fund $153,000 72,100 7 Unpaid Interfund recelvable balances were as follows: Beginning End of of Year Year $1,400 $1,700 3,500 ,900 General Fund Revenue Fund 8. Vouchers payable at year-end were $9,200. 9. Closing entries were prepared for the Central Garage Fund ignore government-wide closing entry). Required information The foowing information appies to the questions displayed below. The City of Ashville operates an internal service fund to provide garage space and repairs for al city-owned- and-operated vehicles. The Central Garage Fund's preclosing trial balance for the current fiscal year s as ollows. Debits $ 62,200 4,900 51,000 29,000 141,000 Credits Cash Due from Other Funds Inventory of Supplies Building Allowance for Depreciation Building Machinery and Equipment Allowance for Depreciation Hachinery s 11,200 36, 300 6,800 17,700 Vouchers Payable Net Position Net Investment in Capital iasets Net Position Unrestricted 188,300 100,400 $324,400 $324,400 The fo lowing Information, not yet reflected in the preclosing figures above, applies to the current fiscal year: L Supplies were purchased on account for $52,000; the perpetual Inventory method is used. 2. The cost of supplies used during the year was $62,200. A physical count taken as of that date showed materlals and supplies on hand totaled $40,800 at cost. 3. Salaries and wages paid to employees totaled $133,300, Including related costs. 4. Billings totaling $17000 were recelved from the enterprise fund for utility charges. The Central Garage 5. Depreclation of the building was recorded in the amount of $5,800, depreclation of the machinery and 6. Bllings to other departments for services provided to them were as fol lows: Fund paid $15,300 of the amount owed. (At the government-wide level, record the payable amount as Internal Balances.] equipment amounted to $5,100. General Fund Special Revenue Fund $153,000 72,100 7 Unpaid Interfund recelvable balances were as follows: Beginning End of of Year Year $1,400 $1,700 3,500 ,900 General Fund Revenue Fund 8. Vouchers payable at year-end were $9,200. 9. Closing entries were prepared for the Central Garage Fund ignore government-wide closing entry)