Indicate how each transaction would be reported in the operating statement for each fund affected. Be sure to identify the fund and the operating statement.

1. A government issued a 9-month, 10% note payabe for $50,000. The note was issued 6 months before the end of the fiscal year to provide financing for various programs that are financed primarily from general tax revenues.

2.The 9-month note (from item 1) was repaid with interest when due.

3. The government-owned public utility sold services to the public on account, $1 million; no uncollectibles are expected.

4.The government-owned public utility sold services to other departments of the government, $110,000. The other departments have paid all but $10,000.

5. The government sold a police department computer for $4,000. Its original cost (3 years earlier) was $15,000. At the time of purchase the computer was expected to be used for 4 years and have a $7,000 residual value

6. The government paid $100,000 principal and $10,000 interest on a long-term note when due, at mid year.