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The City of Deaver decided to create the Central Printing Fund, an internal service fund, designed to centralize all printing requirements for the city's departments

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The City of Deaver decided to create the Central Printing Fund, an internal service fund, designed to centralize all printing requirements for the city's departments rather than use outside printing shops to meet their printing needs. The fund was created at the beginning of the fiscal year and had the attached transactions during the year. REQUIRED: (1) Prepare the general journal entries, in proper form, to record the transactions for the internal service fund for the current fiscal year. Omit explanations. Use the letter of the transaction as the date. Prepare a preclosing trial balance, in proper form, for the fund at the end of the current fiscal year (2)

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