The following relate to the town of Coupland (dollar amounts in thousands): Equipment used in a vehicle repair service that provides service to other departments on a costreimbursement basis; the equipment has a 10year life with no salvage value $1,400 Property taxes levied and collected $6,300 Hotel taxes (restricted to promotion of tourism) collected $1,200 Proceeds of bonds to build a parking garage that must be repaid from user charges $4,000 Proceeds of general obligation bonds to finance construction of a new city hall; the building, which was completed during the year, has a useful life of 30 years with no salvage value $9,000 Proceeds of a federal grant to hire additional police officers $1,000 Fees charged to, and collected from, customers by the electric utility $8,000 Refer to the two lists below. Select the appropriate amounts from the lettered list for each item in the numbered list. An amount may be selected once, more than once, or not at all. 1. Revenue to be recognized in an enterprise fund 2. Revenue to be recognized in special revenue funds 3. Bonds payable to be recognized in the general fund EXERCISES Exercises 79 Granof-c02.indd 79 11/25/2015 6:00:13 PM 80 CHAPTER 2 Fund Accounting 4. Bonds payable to be recognized in enterprise funds 5. Depreciation expenditure to be recognized in the general fund 6. Depreciation expense to be recognized in internal service funds 7. Revenue to be recognized in an internal service fund 8. Revenue to be recognized in the general fund 9. Longlived assets to be recognized in the general fund 10. Longlived assets to be recognized in internal service funds a. $0 b. $140 c. $900 d. $1,260 e. $1,040 f. $1,400 g. $2,200 h. $4,000 i. $6,300 j. $8,000 k. $8,500 l. $10,400