The following transactions occurred regarding the Central Purchasing Fund, an Internal Service Fund. Record the entries for the transaction, and identify the fund(s) used. 1. The General Fund transferred $ 100,000 as a capital contribution to establish the fund. 2. The Purchasing Fund billed revenues of $ 200,000. 3. The Purchasing Fund incurred expenses of $ 300,000. 4. The General Fund subsidized the operations of the Purchasing Fund by transferring an additional $ 100,000 to the fund.View Solution:
The following transactions occurred regarding the Central Purchasing Fund an



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