URGENT PLS!!

• Submit the appropriate fund name for the following based on the first picture of Governtmental Type:

  1. [insert correct fund name]

  2. [insert correct fund name]

  3. [insert correct fund name]

Governmental type On the notecard provided please indicate which fund would be used to report the transactions below: Receipts from a special tax levied, after approval by the citizenry, to pay the principal and interest on general obligation bonds issued to finance construction of an office building. The bi-weekly payroll of the police officers, fire fighters, and trash collectors. Receipts from a special tax on gasoline to be used, pursuant to law, solely to finance the annual costs of fixing potholes.

On the notecard provided please indicate which fund would be used to report the transactions below: - Receipts from a special tax levied, after approval by the citizenry, to pay the principal and interest on general obligation bonds issued to finance construction of an office building. The bi-weekly payroll of the police officers, fire fighters, and trash collectors. - Receipts from a special tax on gasoline to be used, pursuant to law, solely to finance the annual costs of fixing potholes. \begin{tabular}{|c|c|c|c|c|} \hline \multicolumn{2}{|l|}{ Fund Type } & Category & Measurement Focus & \begin{tabular}{l} Basis of \\ Accounting \end{tabular} \\ \hline \multicolumn{2}{|l|}{ General } & Governmental & Current finandial resources & Modified accrual \\ \hline \multicolumn{2}{|l|}{ Special Revenue } & Governmental & Current financial resources & Modified accrual \\ \hline \multicolumn{2}{|l|}{ Debt Service } & Governmental & Current finandal resources & Modified accrual \\ \hline \multicolumn{2}{|l|}{ Capital Projects } & Governmental & Current financial resources & Modified accrual \\ \hline \multicolumn{2}{|l|}{ Permanent } & Govemmental & Current financial resources & Modified accrual : \\ \hline \multicolumn{2}{|l|}{ Enterprise } & Proprietary & Economic resources & Accrual \\ \hline \multicolumn{2}{|l|}{ Internal Service } & Proprietary & Econgic resources & Accrual \\ \hline \multicolumn{2}{|l|}{ Pension Trust } & Fidudary & Econornic resources & Accrual \\ \hline \multicolumn{2}{|l|}{ Investment Irust: } & Fiduciary & Economic resources & Accrual \\ \hline \multicolumn{2}{|c|}{ Private-Purpose Irust: } & Fiduciary & Economic resources & Accrual \\ \hline \multicolumn{2}{|c|}{ Agency } & Fiduclary & Economic resoutces & Accrual \\ \hline \\ \hline \multicolumn{5}{|c|}{ TABLE4 Purposes of Governmental-Typo Funds } \\ \hline \multicolumn{5}{|c|}{ Fund Type To Account For } \\ \hline General & \multicolumn{4}{|c|}{\begin{tabular}{l} All financial resources not accounted for in some other fund; indudes most \\ day-to-day activities of government \\ Examples: Operations of police, fire, and sanitation departments \end{tabular}} \\ \hline \multirow[t]{2}{*}{ Special Revenue } & \multicolumn{4}{|c|}{\begin{tabular}{l} Specific revenue items restricted or otherwise limited to spending for specific \\ purposes other than debt service or capital ptojects \end{tabular}} \\ \hline & \multicolumn{4}{|c|}{\begin{tabular}{l} Examples: Dedicated tax on motor fuel for highway paving and care or on \\ hotel occupancy for business district maintenance \end{tabular}} \\ \hline Capital Projects & \multicolumn{4}{|c|}{\begin{tabular}{l} Financial resources restricted or otherwise limited to spending for capital \\ outlays, including facilites and other capital assets \\ Examples: Construction of firehouse, office buildings, roads \end{tabular}} \\ \hline \multirow[t]{2}{*}{ Debt Service } & \multicolumn{4}{|c|}{\begin{tabular}{l} Finandal resources restricted or otherwise limited to spending for principal \\ and interest on general long-term debt \end{tabular}} \\ \hline & \multicolumn{4}{|c|}{\begin{tabular}{l} Examples: Property taxes and transfers of financial resources from other funds \\ to pay debt service on lang-term debt sold to acquire capital assets \end{tabular}} \\ \hline \multirow[t]{2}{*}{ Permanent } & \multirow{2}{*}{\multicolumn{4}{|c|}{\begin{tabular}{l} Resources restricted to the extent that only earnings (not principal) may \\ used to support the government's programs \\ Examples Public cemetery perpetual-care fund; endowment fund for \\ acquiring Ibrary books \end{tabular}}} \\ \hline & & & & \\ \hline \end{tabular} TABLE 7 Fund Type Enterprise Internal Service Purposes of Propriatary-Type Funds To Account for Resources used to supply goods and services, for a fee, to users who are entirely or primarily external to the governmental unit Examples: Municipal airport, municipal electric utility Resources used to supply goods or services, based on cost reimbursement. within the governmentaf unit and to other governments Examples: Central motor pool, central purchasing function TABLE 11 Purposes of Fiduciary-Type Funds Fund Type Pension Trust Private-Purpose Trust To Account for Resources held in trust for employee retirement plans and other employee benefit plans Examples: Defined benefit pension plan, retiree health benefit plan Resources of an external irwestment pool managed by a sponsoring government Examples: The portion of an external investment pool that belongs to other governments Resources of all other trust arrangements maintained for benefit of individuals, other governments, and private organizations Examples: Unclaimed (escheat) property, such as bank, accounts, investment accounts, and other property heid pending daim by rightfut owners Resources held in a custodial capacity that must be disbursed according to law or contractual agreement Examples: Sales or property taxes collected by a government on behalf of another government, Social Security taxes withheld from employees and kept separately pending distribution to the federal government