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select the name of the funds for which each transaction would be recorded t. 2. 3. 4. S. 6. 7. 8. 9. 10. 11. o

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select the name of the funds for which each transaction would be recorded
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t. 2. 3. 4. S. 6. 7. 8. 9. 10. 11. o 12. sss Bonds. the proceeds of which were to be used for the construction of a new City Hall, were issued. A sum of money was appropriated. to be advanced from monies on hand, to finance thc establishment of a City Garagc for servicing city owned transportation equipment. A contribution was received from a private source. The use of thc income earned on the investment of this sum of money was specifically designated by the donor. Proceeds received from a bond issue were used for the purchase of the privately Owned water utiiity in the city. Property taxes designated to be set aside for the eventual retirement of the City Hail building bonds were collected. Real estate and personal property taxes. which had not been assessed or levied for any specific purpose, were collected. Payment was made to the contractor for progress made in the construction of the new City Hail. Interest was paid on the bonds issued for the purchase of the water utility. Bonds. the proceeds of which are to be used to pay for the improvement of streets the residential district. were issued. The debt is to be serviced by assessments on the property benefited. The government is obiigated to the bondholders to assure the timely payment of principal and interest on the debt. Salaries of personnel in the office of the mayor were paid. Interest was paid on the City Hall building bonds. Installment payments were received from thc property owners assessed ror the street improvement project.

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