For each of the following transactions: a. Identify the fund in which the entries are...
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Accounting
For each of the following transactions: a. Identify the fund in which the entries are recorded. b. Prepare the necessary journal entries. Only make the entries for the Fund-Based Financial Statements for the fiscal year ended 6/30/2018. On June 14, 2018, Metro City agreed to transfer cash of $94,000 from the general fund to provide permanent financing for a municipal swimming pool that will be viewed as an Enterprise Fund. The cash was transferred on June 30.
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