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SECTION I On June 14, 2018, Soulsville City agreed to transfer cash or $32,000 from the General Fund to provide permanent financing for a municipal

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SECTION I On June 14, 2018, Soulsville City agreed to transfer cash or $32,000 from the General Fund to provide permanent financing for a municipal swimming pool that will be viewed as an Enterprise Fund. The cash was transferred on June 30. Required: A Prepare all the required journal entries and identity the fund in which each entry was recorded for the Fund-Based Financial Statements. (B.) Prepare all the required journal entries and identify the type of activity for the Government-Wide Financial Statements DEBIT CREDIT

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