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oping Chy decided to be aroma vietund for the other the who year ring the calar del 30, 2020 the front + The Candmade non of $450,000 and abong made of 50.000 av Shop The thesis has the rest is die 6/30/2020. The advance is an interesting and is considered to the path - the year w puched in the amount of 910.000 During the year, con 5140 000 were purchased at 30.000 espaid can - what 000 was inutilment of the dance was ropa Regel Pepe malhes in the plural of the Stoga springs Cay Fit Shop Fund to reflect the above trac Question 1 of 14 6 points for the operations of a Print Shop. The Print Shop is to begin operations on July 1, 2019 the first day of the City's fiscal d: -term advance of $840,000 to the Print Shop Fund. The advance is to be repaid by the Print Shop Fund in four equal interest bearing and is considered issued for the purchases of equipment. $30,000 was paid in cash. nd to reflect the above transactions. GRO : V IX t o oa s Q a Remaining Time 1 hour, 35 minute 13 cod Question Completion Status A Moving to another question will save this response. Question 1 The Saratoga Springs City decided to establish an internal service fund to account for the operations of a Print Shop 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 $840,000 to annual installments, the first installment is due 6/30/2020. The advance is non-interest bearing and is consi (b) During the year equipment was purchased in the amount of $ 910,000. (c) During the year, printing supplies costing $140,000 were purchased; all but $30,000 was paid in cash (d) Depreciation was charged on equipment, $82,000. (e) The first installment of the advance was repaid. . Required: Prepare journal entries in the general journal of the Saratoga Springs City Print Shop Fund to reflect the abov For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BI S Paragraph Arial 10pt : V v V remaining Time Thur. 35 minute. 00 Completion Status Mine to another question will save the response Question 1 point The Bastog prings Chy decided to establish an internal service fund to account for the operation of a Pet Shop The Print Shop is to be 13019 the stay with his best year During that year ended June 30, 2020 the following transaction occured (a) The General Fund made a permanent contribution of $450,000 and a long term advance of 5340,000 to the Print Shop Pund. The dances to be read by the annual intiments, the first stallment is die 6/30/2020 The advance is no interest touring and is considered and for the purchases of . (b) During the yearpment was purchased in the amount of $910,000 lo During the year pring supplies conting $140.000 wore purchased all but 530,000 was paid in cash Depreciation was changed in equipment 102.000 (a) This installment of the advance was repaid Wequired: repare journal entries in the general journal of the Saratoga Springs Cly Print Shop Fund to reflect the above transaction the toolbar, pres ALTFO (PO) or ALTHEN F10 (Mac) B I us Arial Paragraph 10pt I. XD to other bon wil save the po thon estion Spa The Sangaring Cly decided to establish an internal service and to account for the operations of a Print Shop The Print Shop is to begin hy 1 2015 fiyathe Chystal per than the scalar ended 30 2020 the following transaction card . The General Fund made a permanent contribution of $450,000 and a long-term advance of 5340,000 to the Print Shop Fund The advance is head to the Php andments the first mentis do 630/2020 The advance is non interest bearing and is considered insured for the purchases of equipment . During the year was chased in the amount of $ 910,000 During the year printing supplies conting $100.000 were purchased, but $30,000 was paid in canh - Depreciation was charged on equipment. 582 000 () The feststallment of the advance was repaid quired paremalenes in the general journal of the Saratoga Springs Cay Print Shop Fund to reflect the above transactions the tobar press ALT F10 (POOR ALTEN FO(MS) 1 y s Paragraph Arial 1001 v IXO a te

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