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a 1. During the year, Raindrop City engaged in the following transactions. The city has a 12/31 fiscal year end. Record the transactions listed below

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a 1. During the year, Raindrop City engaged in the following transactions. The city has a 12/31 fiscal year end. Record the transactions listed below and indicate in which fund the entry is made 17 points) On February 1, 2017, the city issued bonds in the amount of $700,000. The bonds sold for 102, and the city incurred $12,000 bonds issuance costs. The proceeds will be used to purchase a warehouse, to store old paperwork and other important city documents b! On February 17, 2017, the city purchased the warehouse mentioned above for $726,000 On March 29, 2017, the city transferred $121,000 to its debt service fund, for the upcoming payment of outstanding bonds principal and interest. d. On April 1, 2017, the city made payments of $100,000 principal and $21,000 interest on outstanding bonds On September 5, 2017 the city leased a paper-shredding machine. The lease qualified as a capital lease. The terms of the lease required yearly payments, starting next year. The present value of the minimum lease payments is $11,000 C e

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