Question: P24 Using only the governmentaltype funds, indicate which would be used to record each of the following transactions and events: GF General Fund SRF Special

P24 Using only the governmentaltype funds, indicate which would be used to record each of the following transactions and events: GF General Fund SRF Special Revenue Fund DSF Debt Senrice Fund CPF Capital Projects Fund PF Permanent Fund CPF 1. The city transferred cash to the fund used to accumulate resources to pay bond principal and interest. SRF 2. The city received its share of a state sales tax that is legally required to be used to nance library operations. DSF_ 3. The city sent property tax bills to homeowners to help pay for dayto-day operating costs. CPF 4. The city paid for ve fire engines, using resources accumulated in a fund to pay for capital assets. SRF 5. The city received a grant from the state to build an addition to the city hall. SRF 6. The city received the proceeds of general obligation bonds to finance the construction of a new police station

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