Question: Try looking at some of the following scenarios and determine which funds would be affected by the events! a. Fixed assets are purchased with general fund cash. b. Long-term serial bonds are issued to finance the construction of a new art museum. The bonds are sold at a premium. c. The general fund transfers a sufficient amount of money to cover principal and interest requirements of a debt issue. d. The fund receiving the payment in item (c) makes the scheduled payment of principal and interest.