Question: Problem 2 This problem has two parts, part 2a and part 2b. Answer each part separately using the same information. Do not mix answers

to 2a and 2b; they are answered separately. Problem 2a: For the

fund based records, identify which of the following governmental funds should be

Problem 2 This problem has two parts, part 2a and part 2b. Answer each part separately using the same information. Do not mix answers to 2a and 2b; they are answered separately. Problem 2a: For the fund based records, identify which of the following governmental funds should be used and write the journal entries needed for the listed transactions. You do not need to write any General fund entries for this problem. Capital projects fund Debt service fund Special revenue fund Permanent fund Problem 2b: For the Governmental Activities section of the government-wide records write any necessary journal entries for the following listed transactions. Write "no entry" if no entry is needed.

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