For each of the following events or transactions,identify the fund or funds that will be affected.
1.A city government provides electricity services to residents for a fee.
2.A printing shop was established to handle the printing needs of a county government.
3.A philanthropist donates $1 million for zoo maintenance,only earnings can be used.
4.A city government collects sales taxes on behalf of the state and for some of its counties and municipalities.
5.Interest is paid on a state government's general obligation bonds.

Question

Quizplus · Accepted Answer

The Answer of For each of the following events or transactions,identify the fund or funds that will be affected.
1.A city government provides electricity services to residents for a fee.
2.A printing shop was established to handle the printing needs of a county government.
3.A philanthropist donates $1 million for zoo maintenance,only earnings can be used.
4.A city government collects sales taxes on behalf of the state and for some of its counties and municipalities.
5.Interest is paid on a state government's general obligation bonds.

For Each of the Following Events or Transactions,identify the Fund