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A Moto another question will save this response on 2 of 14 tion 2 5...

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Accounting

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A Moto another question will save this response on 2 of 14 tion 2 5 points SA Saratoga Springs City decided to establish an internal service and to account for the operations of a Print Shop. The Print Shop is to begin operations on July 1, 2019 me first day of -City's fiscal year During the fiscal year ended June 30, 2020 the following transactions occurred . (a) The General Fund made a permanent contribution of $450,000 and a long-term advance of 5840.000 to the Print Shop Fund. The advance is to be repaid by the Print Shop Fund in four equal annalisten the first time is due 8/30/2020. The advance is non-trustbearing and is considered sed for the purchases of equipment (6) During the year quipment was purchased in the amount of $ 910.000 During the year printing supplies costing $140.000 were purchased all but $30.000 was paid in cash (d) Depreciation was charged on equipment 582,000 a) The first instament of the advance was repaid d: ournal entries in the general journal of the Saratoga Springs City Print Shop Fund to reflect the above transactions

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