During the fiscal year ended September 30,2017,the following transactions (summarized)occurred in the Town of Berthoud Information Technology Internal Service Fund:
(summarized)occurred in the Berthoud Information Technology Internal Service Fund:
1.Employees were paid $290,000 wages in cash.
2.Utility bills received from the Town of Fredericksburg's Utility Fund during the year amounted to $23,500.
3.Office expenses paid in cash during the year amounted to $10,500.
4.Service supplies purchased on account during the year totaled $157,500.
5.Parts and supplies used during the year totaled $152,300 (at cost).
6.Charges to departments during the fiscal year were as follows:
General Fund $308,700
Street Fund 279,300
7.Payments to the Utility Fund totaled $21,800.
8.Annual depreciation totaled $30,000 for machinery and equipment.

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The Answer of During the fiscal year ended September 30,2017,the following transactions (summarized)occurred in the Town of Berthoud Information Technology Internal Service Fund:
(summarized)occurred in the Berthoud Information Technology Internal Service Fund:
1.Employees were paid $290,000 wages in cash.
2.Utility bills received from the Town of Fredericksburg's Utility Fund during the year amounted to $23,500.
3.Office expenses paid in cash during the year amounted to $10,500.
4.Service supplies purchased on account during the year totaled $157,500.
5.Parts and supplies used during the year totaled $152,300 (at cost).
6.Charges to departments during the fiscal year were as follows:
General Fund $308,700
Street Fund 279,300
7.Payments to the Utility Fund totaled $21,800.
8.Annual depreciation totaled $30,000 for machinery and equipment.

During the Fiscal Year Ended September 30,2017,the Following Transactions (Summarized)occurred