Suppose that Cityville keep its books and records in a manner which help the preparation of fund financial statements. For each of the events given below point out in which fund(s) of Cityville event would be recorded and give explanation for your fund selection.
a. Cityville accumulated property taxes levied for the general operations of the City.
b. The Cityville accumulated property taxes levied to pay principal and interest on bonds issued several years in the past to construct a new fire station.
c. The Town Cityville City accumulated property taxes levied on the specific area of City for the reasons of providing more frequent snow removal than is enjoyed by rest of the City.
d. The Cityville sold bonds to finance construction of a New City Hall.
e. The Cityville sold bonds to finance main renovations at city-owned electric utility.