York established a capital projects fund for the construction of a walkway over Kish Avenue from the courthouse to the parking garage. The estimated cost is \(\$ 300,000\). The county commission agreed to provide a \(\$ 100,000\) grant. A 9 percent, \(\$ 200,000\) bond issue was sold at 102.5 . The York City Council awarded a construction contract for \(\$ 275,000\) on March 1, 20X1. The walkway was completed on November \(10,20 \mathrm{X} 1\), and the actual cost was \(\$ 282,000\). The city council approved payment of the extra cost. The walkway was carpeted at a cost of \(\$ 7,400\). On December \(15,20 \times 1\), the city council gave the final approval of payment for the walkway. The fund balance was transferred to the debt service fund.

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Prepare entries for the capital projects fund to record the following:

a. Receipt of the county grant, sale of the bonds, and transfer of the bond premium.

b. Issue of the construction contract, actual cost, carpeting, and payment.

c. Closing of the nominal accounts.

d. Transfer of the balance to the debt service fund.