1. A city maintains its books and records in a manner that facilitates the preparation of its fund financial statements. In order to fund the purchase of new buses, the city issued $800,000 in 6 percent revenue bonds. The bonds were issued at par. What journal entry(ies) should be recorded? a) Debit Restricted Cash - Buses $800,000; Credit Revenue Bonds Payable $800,000 Ob) Debit Restricted Cash - Buses $800,000; Credit Bonds Payable $800,000 c) Debit Cash $800,000; Credit Revenue Bonds Payable $800,000 d) Debit Cash $800,000; Credit Bonds Payable $800,000 e) Debit Restricted Cash - Buses $800,000; Credit Revenue Bonds Payable $800,000 AND Debit Net Position $800,000; Credit Restricted Net Position Restricted Cash $800,000