6. The City Municipal Courts Building (3 above) is completed. Contracts and expenses total $1,600,000, and all have been paid and recorded in the Capital Projects Fund. 7. A Central Computing Center was established by a contribution of $200,000 from the General Fund and a long-term loan of $250,000 from the City Water Fund. 8. The Central Computing Center billed the General Fund $30,000 for services provided. Required: Prepare the necessary journal entries to record the transactions. Identify the fund or account group in which the above events would be recorded. Transaction # Fund/Account Group Account Title Amounts Debit Credit