Unit 2 Assignment 2 Accounting for Funds 7-17: Information Technology Internal Service Fund Washington City Information Technology Fund General Journal (Not Required) p . Wage expense Payroll tax expense ash Due to federal government . Office expenses ash 3. Materials and supplies inventory Accounts payable ._ Utility expense Due to other funds 5. Due to federal government Cash 6. Due to other funds 0 N O ash . Accounts payable Cash (2,550 + 8,400 2,950) 8. Cost of materials and supplies used Materials and supplies inventory Billings to departments 10. Cash Due from other funds (4,250 + 78,100 5,300) 11. Depreciation expense Allowance for depreciation 12. Closing entries: Billin s to deartments Excess of cost over net billings to departments Wage expense Payroll tax expense Utility expense Ofce expenses Cost of materials and supplies used Depreciation expense Net position - unrestricted Excess of cost over net billings to departments Net positionnet investment in capital assets Net positionunrestricted 9. ouenomomerrunds