The City of Townsend's city council authorized the establishment of an internal service fund to provide human resource services to cit) departments. The following transactions took place in the inaugural month of Townsend's Human Resource internal service fund: 1. The General Fund transferred $100,000 to cover initial expenses. The transfer is not expected to be repaid. 2. The Human Resources Fund entered into a 2-year computer lease with an initial $5,000 payment. The present value of the remaining payments is $82,218. 3. Salaries and wages paid to employees totaled $15,000. 4. Office supplies were purchased on account for $2,500. 5. Billings totaling $3,000 were received from the enterprise fund for utility charges. 6. Billings to other departments for services provided to them were as follows: Prepare closing entries for the Human Resource Fund (ignore government-wide closing entry). (If no entry is required f transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry to close the operating statement accounts. Note: Enter debits before credits. Prepare closing entries for the Human Resource Fund (ignore government-wide closing entry). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry to close the Excess of Net Billings to Departments over Costs or Excess of Costs over Net Billings to Departments. Note: Enter debits before credits. Prepare closing entries for the Human Resource Fund (ignore government-wide closing entry). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry to reclassify the interfund balances. Note: Enter debits before credits. Prepare closing entries for the Human Resource Fund (ignore government-wide closing entry). (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Journal entry worksheet Record the entry to reclassify net position balances. Note: Enter debits before credits