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The City of Summerville maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements.

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The City of Summerville maintains its books so as to prepare fund accounting statements and prepares worksheet adjustments in order to prepare government-wide financial statements. You are to prepare, in journal form, worksheet adjustments for each of the following situations. - 2 points per journal entry. The city had the following interfund transfers for the current year: General fund to Enterprise Fund-- $100,000 General Fund to Capital Projects Fund-- $500,000 Prepare the eliminating entry to adjust the fund level statements to government-wide statements. Ff AB

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