2) Prepare the general journal entries to 1. Record the following transactions in the General Ledger accounts of the Kessinger County General Fund. A. Paid $500,000 to the Bridge Bond Debt Service Fund to provide for upcoming principal and interest payments. B. Paid $5,000,000 to the Kessinger County Airport Fund to provide financing for a major expansion project; $2,000,000 is not required to be repaid, but $3,000,000 is to be repaid at the end of five years. C. Loaned $320,000 to the Holstein Skywalk Capital Projects Fundto be repaid in 90 days. D. Paid $22,000 to the Highways Special Revenue Fund to repay it for General Fund employee salaries that were inadvertently recorded as expenditures of that fund. E. Received a bill from the County Electric Utility Enterprise Fund for electricity usage charged to General Fund departments and agencies, $3,000. 2. Explain how each of the foregoing transactions is reported in the Kessinger County General Fund Statement of Revenues, Expenditures, and Changes in Fund Balance. 6