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The General Fund of a city pays all utility bills received from private companies for services provided to city agencies. It then bills other funds

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The General Fund of a city pays all utility bills received from private companies for services provided to city agencies. It then bills other funds for their share of the bills. On May 10, the General Fund pays an electric bill for $230,000. It then sends a bill to the Library Special Revenue Fund for $4,000, representing the library's share of the bill. Identify the Fund(s) and prepare the entry(ies) for when General Fund sends the bill to the Library Special Revenue Fund. Tt is not paid yet by the Library Special Revenue Fund. HTML Edit

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