A city orders a new computer for its General Fund at an anticipated cost of $96,500. Its actual cost when received is $98.210. Payment Is subsequently made. a. Prepare all required journal entries for both fund and government-wide financial statements. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, select "No Journal entry required" In the first account field.) Debit Credit Transaction Fund/Activity General Journal 1. Received in the computers and the accompanying liability 1 Government Activities Record the receipt of computers and the accompanying liability Encumbrances - computer Encumbrances outstanding Record payment made 2. Received in the payment made for computers Record payment made for computers. Record entry to remove enoumbrance for computers that has now been received Record the receipt of computers and the accompanying b y Cash of $90,000 is transferred from a city's general fund to start construction on a police station. The city issues a bond at its $1.8 million face value. The police station is built for $1.89 million a. Assume that the city does not record the commitment. Prepare all necessary Journal entries for these transactions for both fund and government-wide financial statements. (Select the appropriate fund for each situation when required. If no entry is required for a transaction/event, select "No journal entry required in the first account field.) Debit Credit Transaction Fund Activity General Journal 1. Transfer from general fund and issue of bonds for construction of police station Record sale of bonds. Record completion of construction 2. Transfer from general fund and issue of bonds for construction of police station Record authorization of transfer for construction 3. Transfer from general fund and issue of bonds for construction of police station Record transferin of cash