The Village of Watkins Glenn operated an educational program for at-risk middle school children. Businesses and nonprofit organizations sponsor the children and pay the registration fee. The following cash receipts were collected: Registration 310,000 Cash loan from bank. 70,000 The following cash disbursements were made: Payroll taxes Labor Insurance Interest Purchase school bus 30,000 102,800 14,200 2,100 65,000 Required: A. Prepare the journal entries to record revenues and disbursements if the city treats the program as an enterprise fund B. Prepare the journal entries to record revenues and disbursements if the city treats the program as a special revenue fund