The following transactions affected various funds and activities of the Town of Big Springs.

Required

a$.$ Prepare the journal entries for the funds and activities. $($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

Transaction

Fund $/$ Governmental

General Journal

Debit

Credit

Activties

The Fire Department, a governmental activity accounted for within the General Fund, purchased $$100,000$ of water from the Water Utility Fund, an enterprise fund.

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A special revenue fund was awarded a $$250,000$ reimbursement grant. The General Fund advances $$50,000$ to the special revenue fund for a short$-$term period to cover initial costs associated with the grant's purpose: