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Prepare the appropriate journal entries

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Reference no: EM132325663

Question

Palo Alto 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."

Reference no: EM132325663

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