Palo Alto City has operated a City Utility (Enterprise) Fund for a number of years

The fund accounts for the

Question

Palo Ao City has operated a City Utility (Enterprise) Fund for a number of years. The fund accounts for the

activities of the city-owned electric, water and sewer systems. During the current year, the city engaged in the following transactions related to the city utility Fund.

REQUIRED: Prepare the appropriate journal entries. If none is required, write No entry required.

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