The Eity of Houston utinzes a fund to service other departments through its warehouse. The department buys bulk supplies, stores them and then issues them to departments that requests them, The City has a schedule of fees. The projected revenues are 500,000 per year, The city operations these Warehouse yoar round. Answer the following questions 

1. What kind of fund is this? 

2. What basis of accounting is used for this fund?

3. The City bought $200,000 of supplies on account. Provide the journal entry.

4. The Engineering Dept requested $50.000 in supplies from the worehouse. The orders were fulled by the waretrouse Record the issuance of supplies from inventory. Record the journal entry

5. Record the charges (Billings) made to the Engineering dept for the supples. They will be charged 560,000 . Record the joumai entry.