Identify the Fund
The following transactions take place:
- A commitment was made to transfer general revenues to the entity in charge of providing transportation for all government agencies.
- Construction bonds were issued at a premium. The premium is to be included in funds accumulated to retire the debt.
- Police salaries were paid.
- Interest and principal were paid on general obligation serial bonds.
Required:
Indicate the name of the fund(s) in which each of the transactions or events should be recorded.