This question got most of this incorrect as well, trying to understand the entries that went wrong and the dollar amounts.

During the current fiscal year, the following transactions (summarized) occurred in the Town of Springfield Information Technology Internal Service Fund: 1. Employees were paid $290,000 wages in cash. 2. Utility bills received from the Town of Springfield's Utility Fund during the year amounted to $23,500. The amount had previously been accrued by the Utility Fund. 3. Office expenses paid in cash during the year amounted to $10,500. 4. Service supplies purchased on account during the year totaled $157,500. 5. Parts and supplies used during the year totaled $152,300 (at cost). 6. Charges to departments during the fiscal year were as follows: 7. Payments to the Utility Fund totaled $21,800. 8. Annual depreciation totaled $30,000 for machinery and equipment. Prepare the journal entries for the transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list View journal entry worksheet \begin{tabular}{|c|c|c|c|c|c|} \hline & No & Transaction & General Journal & Debit & Credit \\ \hline \multirow[t]{2}{*}{} & A & 01 & Wage Expense & 290,000 & \\ \hline & & & Cash & & 290,000 \\ \hline \multirow[t]{2}{*}{} & B & 02 & Utility Expense & 23,500 & \\ \hline & & & Due from Other Funds & & 23,500 \\ \hline \multirow[t]{2}{*}{} & C & 03 & Office Expenses & 10,500 & \\ \hline & & & Cash & & 10,500 \\ \hline \multirow[t]{2}{*}{} & D & 04 & Service Supplies Inventory & 157,500 & \\ \hline & & & Accounts Payable & & 157,500 \\ \hline & E & 05 & Cost of Parts and Supplies Used & 152,300 & \\ \hline & & & Service Supplies Inventory & & 152,300 \\ \hline \multirow[t]{2}{*}{} & F & 06 & Due from Other Funds & 588,000 & \\ \hline & & & Billings to Departments & & 588,000 \\ \hline \multirow[t]{2}{*}{} & G & 07 & Due to Other Funds & 21,800 & \\ \hline & & & Cash & & 21,800 \\ \hline \multirow[t]{2}{*}{} & H & 08 & Depreciation Expense & 30,000 & \\ \hline & & & Allowance for Depreciation & & 30,000 \\ \hline \end{tabular}