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Isf 50000 50000 cash internalservicefund cash

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Unformatted text preview: ual Creating an ISF: Creating an ISF: Transfer from GF General Fund Transfer to ISF 50,000 50,000 Cash Internal Service Fund Cash Transfer from GF 50,000 50,000 Create an ISF: Create an ISF: Long­Term Loan General Fund Advance to ISF 50,000 50,000 Cash Unreserved Fund Balance 50,000 50,000 Reserve for Advance to ISF Internal Service Fund Cash Advance from GF 50,000 50,000 Create an ISF: Create an ISF: Issue Bonds Cash Bonds Payable 100,000 100,000 Create an ISF: Create an ISF: General Obligation Bonds General Fund Cash 100,000 100,000 OFS – Bond Principal Transfer to ISF 100,000 100,000 Due to ISF General Long­Term Liabilities Net Assets – Unrestricted Bonds Payable 100,000 100,000 Create an ISF: Create an ISF: General Obligation Bonds (continued) Internal Service Fund Due from GF Transfer from GF 100,000 100,000 Create an ISF: Create an ISF: Transfer of Capital Assets General Capital Assets Net Assets – Invested in Capital Assets 18,000 Accumulated Depreciation – Equipment 1...
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