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The Albertville City Council decided to pool the investments of its General Fund with Albertville Schools and Richwood Township in an investment pool to be

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The Albertville City Council decided to pool the investments of its General Fund with Albertville Schools and Richwood Township in an investment pool to be managed by the city. Each of the pool participants had reported its investments at fair value as of the end of 2022 . At the date of the creation of the pool. February 15, 2023, the fair value of the investments of each pool participant was as follows: Tepare the journal entries that should be made by the City of Albertville. Albertville Schools, and Richwood Township on Februan 5 to record their participation in the investment pool. (If no entry is required for a transoction/event, select "No Journol Entry b. Prepare the Joumal entries to be made in the accounts of the investment pool trust fund to record the following transactions for th first vear:of overatlons: (If no entrv is reaulred for a transactionievent. select "No Journal Entru Renulrac" In tha firer arenunt

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