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6. A $5,000,000 issue of construction bonds were sold at par by the capital projects fund. Debt issuance costs included administrative fees of $45,000 and prepaid insurance costs of $5,000. 6a Capital Projects Fund Record the issue of construction bonds. Cash Other Financing Sources-Proceeds of Refunding Bonds Record the debt issuance costs. Investments 6c Governmental Activities Record the issue of construction bonds. Cash Record the debt issuance costs. Other Financing Uses-Refunded Bonds Bonds Payable Cash 6. A $5,000,000 issue of construction bonds were sold at par by the capital projects fund. Debt issuance costs included administrative fees of $45,000 and prepaid insurance costs of $5,000. 6a Capital Projects Fund Record the issue of construction bonds. Cash Other Financing Sources-Proceeds of Refunding Bonds Record the debt issuance costs. Investments 6c Governmental Activities Record the issue of construction bonds. Cash Record the debt issuance costs. Other Financing Uses-Refunded Bonds Bonds Payable Cash