Indicate which governmental fund would most likely be used to record the following events and transactions: A) debt service fund B) permanet fund C) general fund D) Special Revenue Fund E) Capital projects fund --The City sent property tax bills to taxpayers to help cover day-to-day operations. --The City received a Federal grant fund an alternative sentencing program. --Cash was transferred to this fund to accumulate resources to pay general obligation bond debt. --Received $2,000,000 in Federal grant money to construct a new police substation. --Received a donation from a private citizen with the stipulation that the corpus be kept in perpetuity, but the earnings are to be used to purchase media for the public library. --The proceeds from a $1,000,000 general obligation bond issued to convert abandoned railways into walking and bicycle trails in the City were deposited in this fund. --The mayor was paid her monthly salary from this fund. --The County levies a hotel occupancy tax that may only be used to fund parks and other recreational facilities. --Progress payment #2 to the general contractor on a $8,000,000 new City Hall facility were issued. --Paid the invoice received from a human resoruces consultant hired to review and evaluate the City\'s personnel manual. --The City sent property tax bills to taxpayers to help cover day-to-day operations. --The City received a Federal grant fund an alternative sentencing program. --Cash was transferred to this fund to accumulate resources to pay general obligation bond debt. --Received $2,000,000 in Federal grant money to construct a new police substation. --Received a donation from a private citizen with the stipulation that the corpus be kept in perpetuity, but the earnings are to be used to purchase media for the public library. --The proceeds from a $1,000,000 general obligation bond issued to convert abandoned railways into walking and bicycle trails in the City were deposited in this fund. --The mayor was paid her monthly salary from this fund. --The County levies a hotel occupancy tax that may only be used to fund parks and other recreational facilities. --Progress payment #2 to the general contractor on a $8,000,000 new City Hall facility were issued. --Paid the invoice received from a human resoruces consultant hired to review and evaluate the City\'s personnel manual. Solution The City sent property tax bills to taxpayers to help cover day-to-day operations - Special revenue fund The City received a Federal grant fund an alternative sentencing program - General fund Cash was transferred to this fund to accumulate resources to pay general obligation bond debt - Debt service fund Received $2,000,000 in Federal grant money to construct a new police substation - Capital Projects fund Received a donation from a private citizen with the stipulation that the corpus be kept in perpetuity, but the earnings are to be used to purchase media for the public library - Permanent fund The proceeds from .

1. Indicate which governmental fund would most likely be used to record the following events and
transactions:
A) debt service fund B) permanet fund C) general fund D) Special Revenue Fund E) Capital
projects fund
--The City sent property tax bills to taxpayers to help cover day-to-day operations.
--The City received a Federal grant fund an alternative sentencing program.
--Cash was transferred to this fund to accumulate resources to pay general obligation bond debt.
--Received $2,000,000 in Federal grant money to construct a new police substation.
--Received a donation from a private citizen with the stipulation that the corpus be kept in
perpetuity, but the earnings are to be used to purchase media for the public library.
--The proceeds from a $1,000,000 general obligation bond issued to convert abandoned railways
into walking and bicycle trails in the City were deposited in this fund.
--The mayor was paid her monthly salary from this fund.
--The County levies a hotel occupancy tax that may only be used to fund parks and other
recreational facilities.
--Progress payment #2 to the general contractor on a $8,000,000 new City Hall facility were
issued.
--Paid the invoice received from a human resoruces consultant hired to review and evaluate the
City's personnel manual.
--The City sent property tax bills to taxpayers to help cover day-to-day operations.
--The City received a Federal grant fund an alternative sentencing program.
--Cash was transferred to this fund to accumulate resources to pay general obligation bond debt.
--Received $2,000,000 in Federal grant money to construct a new police substation.
--Received a donation from a private citizen with the stipulation that the corpus be kept in
perpetuity, but the earnings are to be used to purchase media for the public library.
--The proceeds from a $1,000,000 general obligation bond issued to convert abandoned railways
into walking and bicycle trails in the City were deposited in this fund.
--The mayor was paid her monthly salary from this fund.
--The County levies a hotel occupancy tax that may only be used to fund parks and other
recreational facilities.
--Progress payment #2 to the general contractor on a $8,000,000 new City Hall facility were
issued.
--Paid the invoice received from a human resoruces consultant hired to review and evaluate the
City's personnel manual.

2. Solution
The City sent property tax bills to taxpayers to help cover day-to-day operations - Special
revenue fund
The City received a Federal grant fund an alternative sentencing program - General fund
Cash was transferred to this fund to accumulate resources to pay general obligation bond debt -
Debt service fund
Received $2,000,000 in Federal grant money to construct a new police substation - Capital
Projects fund
Received a donation from a private citizen with the stipulation that the corpus be kept in
perpetuity, but the earnings are to be used to purchase media for the public library - Permanent
fund
The proceeds from a $1,000,000 general obligation bond issued to convert abandoned railways
into walking and bicycle trails in the City were deposited in this fund - Special revenue fund
The mayor was paid her monthly salary from this fund - General fund
The County levies a hotel occupancy tax that may only be used to fund parks and other
recreational facilities - Special revenue fund
Progress payment #2 to the general contractor on a $8,000,000 new City Hall facility were issued
- Special revenue fund
Paid the invoice received from a human resoruces consultant hired to review and evaluate the
City's personnel manual - Special revenue fund