Question: please help me to answer the question 3 Prepare journal entries to record these interfund transactions in each affected fund: 1. The General Fund makes
please help me to answer the question 3
Prepare journal entries to record these interfund transactions in each affected fund: 1. The General Fund makes a short-term loan of $82,500 to a Special Revenue Fund. 2. The General Fund sends $110,000 cash to the Debt Service Fund so the latter fund can pay the debt service on general obligation bonds. 3. The General Fund receives a bill for $49,500 from the Motor Pool Internal Service Fund for motor vehicle services provided to city agencies in April. services
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