3. Should the $500,000 payment from the general fund, which was used to help establish the electric utility fund, be reported as ‘‘other financing uses—operating transfers-out’’?____________ 4. Did...

3. Should the $500,000 payment from the general fund, which was used to help establish the electric utility fund, be reported as ‘‘other financing uses—operating transfers-out’’?____________

4. Did the general fund receive the $30,000 bond premium from the capital projects fund? ____________

5. Should a payment from the general fund for electricity received for normal civic center operations be reported as ‘‘other financing uses—operating transfers-out’’? _____________