Selecting the name of funds for transactions
Select the name of the fund(s) in which each of the following transactions or events would be recorded.
1.
2.
3.
4.
5.
6.
7.
8.
Bonds, the proceeds of which were to be used for the construction of a new Cit Hall, were issued.
A sum of monev was appropriated, to be advanced from monies on hand, to finance the establishment of a City Garage for servicing city-owned transportation equipment.
A contribution was received from a private source. The use of the income earned on the investment of this sum of money was specifically designated by the donor.
Proceeds received from a bond issue were used for the purchase of the privately owned water utility in the city.
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