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the city of Sioux falls entered into a numer of trasaction for the current fiscal year, indentity the fund or funds affecter by each trasaction

the city of Sioux falls entered into a numer of trasaction for the current fiscal year, indentity the fund or funds affecter by each trasaction and determine how each trasaction will affect the accounting equiation of the particular fund. 1.- Sioux falls paid salaries to general goverment employees $ 95,0002.- Sioux falls purchased an automobile by issuing a 25,000,8 percent note to the vendor the purchased occurred at midyear and the note is a one year note. the city sold general fixed assets with on original cost of $300,000 for 30,000 at the end of their useful life. the use of the resarces received is not restricted.

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