The East Eanes School District engaged in or was affected by the following events and transactions during its fiscal year ending June 30, 20Xl.

1. Teachers and other personnel earned $350,000 in vacations and other compensated absences that they did not take but for which they expect to be paid in the future.
2. The district settled a suit brought by a student, agreeing to pay $3 million by December 31, 20X2.

3. The district issued $8 million in GO bonds to finance an addition to its high school. By year-end, it had expended $1 million in construction cos ts .
4. The district signed a one-year (i .e., short-term) lease for office space. Rent, which the county paid in its entirety, is $40,000 per year.
5. It acquired school buses and other vehicles, financing them with an eight-year lease. Annual lease payments are $140,000. Had the district purchased the equipment outright, the price would have been $869,371, reflecting an interest rate of 6 percent.
6. The district transferred $500,000, representing the final y ear's principal payment, to a reserve fund required by the bond indenture.
7. To smooth out cash flows , the district issue d 90-day tax anticipation notes of $950,000.
8. The district paid teachers a nd other personnel $150,000 for compensated absences earned in previous years. 

a. For each event, prepare the entries (as required) to record the transactions in the general fund or whatever other governmental fund seems most appropriate.
b. Prepare the entries that would be needed to reflect the transactions a nd events in the district's government-wide statements.