(Matching transactions with funds and operating statement line items)
Harmony Township maintains four funds:
A the General Fund,
B the Library Special Revenue Fund,
C the Capital Projects Fund (recently established to account for the construction of a new city park),and
D the Water Enterprise Fund.
For each of the transactions described below,indicate by letter the fund(s)involved and by number the operating statement line item(s)that could be affected.

\begin{array}{lllr}1 & \text { Revenues } & 4 & \text { Other financing sources } \\2 & \text { Expenditures } & 5 & \text { Other financing uses } \\3 & \text { Expenses } & 6 & \text { None (this is a balance sheet transaction) }\end{array}

$(Matching transactions with funds and operating statement line items) Harmony Township maintains four funds: A the General Fund, B the Library Special Revenue Fund, C the Capital Projects Fund (recently established to account for the construction of a new city park),and D the Water Enterprise Fund. For each of the transactions described below,indicate by letter the fund(s)involved and by number the operating statement line item(s)that could be affected. \begin{array}{lllr} 1 & \text { Revenues } & 4 & \text { Other financing sources } \\ 2 & \text { Expenditures } & 5 & \text { Other financing uses } \\ 3 & \text { Expenses } & 6 & \text { None (this is a balance sheet transaction) } \end{array}$

What Is the Purpose of Preparing Proprietary Fund Balance Sheets

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