the city of merlot opeates a central garage through an internal service fund to provide garage space and repairs for all city owned and operated vehicles. The central garage fund was established by a contribution of 500,000 from the general fund on july 1 2017 at which time the building was acquired. the post closing trial balance at june 30 2019 was as follows:

account debit credit

cash 150,000

due from general fund 20,000

inventory of materials and supplies 80,000

land 60,000

building 200,000

accumulated depreciation building 10,000

machinery and equipment 56,000

accumulated depreciation machinery 12,000

vouchers payable 38,000

net position 566,000 566,000

The following information applies to the fiscal year ended june 30 2020

1. materials and supplies were purchased on account june 74,000

2. the inventory of materials and supplies at june 30 2020 was 58,000 which agreed with the physical count

3.salaries and wages paid to employees totaled 230,000 including related costs.

4. a billing from the enterprise fund for utility charges totaling 30,000 was received and paid.

5. depreciation of the building was recorded in the amount of 5,000. depreciation fo the machinery and equipment was 8,000

6. billings to other departments for services rendered to them were as follows:

general fund 262,000

water and sewer fund 84,000

special revenue fund 32,000

7. unpaid interfund receivable balances of june 30 2020 were as follows:

general fund 6,000

special revenue fund 16,000

8. vouchers payable at june 30 2020 were 14,000

required:

a. for the period july 1 2019 through june 30 2020 prepare journal entries to record all of the transactions in the central garage fund accounts.

b. prepare closing entries for the central garage fund at june 30 2020 (AICPA adapted)