A Municipality's Central Garage Internal Service Fund Had Total Billings

question 16

Short Answer

A municipality's Central Garage Internal Service Fund had total billings for $8,000 for the month. Of the 40 vehicles serviced, 20 were police vehicles, 10 were water department vehicles, and 10 were wastewater department vehicles. What would the journal entry be to account for this transaction? $\begin{array}{llr}&&\text { Debit }&\text {Credit }\\ \text { A. } & \text { Accounts Receivable } &\$8,000\\& \text { Transfer from Other Funds } &&\$8,000\\\\ \text {B. } & \text { Accounts Receivable } &\$8,000\\ &\text { Revenues-Charges for Services. } &&\$8,000\\\\ \text { C. } & \text {Due from General Fund } &\$4,000\\& \text { Due from Water Fund} &2,000\\& \text { Due from Wastewater Fund } &2,000\\& \text {Revenues-Charges for Services } &&\$8,000\\\\ \text {D. } & \text { Due from General Fund } &\$4,000\\& \text {Due from Water Fund } &2,000\\& \text { Due from Wastewater Fund} &2,000\\& \text {Transfer from Other Funds } &&\$8,000\\\end{array}$

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Definitions:

Propaganda

The use of biased or misleading information disseminated to influence public opinion or behavior.

Mass Media

Various mediums of communication, such as television, radio, newspapers, and the internet, that reach large audiences, influencing public opinion and culture.

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Americans of Mexican descent, often with a cultural heritage that includes traditions, language, and customs from Mexico.

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A statistical method used to forecast the future behavior of a system or process based on its current state and known probabilities of various outcomes.