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$\backslash$table$[[,128,500],[$$$230,500,$$$230,500,]]$

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pen a general joumal for the City of Monroe Stores and Service Fund and record the ollowing transactions.

$(1)$ A budget was prepared for FY $2020.$ It was estimated that the price charged other departments for supplies should be $1\mathrm{.}25\%$ of cost to achieve the desire breakeven for the year.

$(2)$ The amount due from qther funds as of January $1,2020,$ was collected in full

$(3)$ During the year, supplies were ordered and received in the amount of $$312,0$ This amount was posted to accounts payable.

$(4)$ $$15,000$ of the advance from the Water Utility Fund, originally provided for construction, was repaid. No interest is charged.

$(5)$ During the year, supplies costing $$250\mathrm{.}560$ were issued to the General Fund, supplies costing $$46,400$ were issued to the Water Utility Fund. These fund were charged based on the previously determined markup $($ $$313,200$ to General Fund and $58\mathrm{.}000$ to the Water Utility Fund$).$

$(6)$ Operating expenses, exclusive of depreciation, were recorded in accounts payable as follows: Purchasing. $$16,200$; Warehousing. $$16,900$; Delivery. $$17,500$; and Administrative, $$8,000.$

$(7)$ Cash was received from the General Fund in the amount of $$310,000$ and frot the Water Utility Fund in the amount of $$50,000.$

$(8)$ Accounts payable were paid in the amount of $$367\mathrm{.}500.$

$(9)$ Depreciation in the amount of $$8,400$ was recorded for buildings and $$6,200$ equipment.

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