A donor made a cash contribution in the amount of $1,000,000 to the City of Selma to be held as an endowment for the preservation and upkeep of the Edmund Pettus Bridge. To account for this endowment, the city has created the Edmund Pettus Bridge Endowment Fund. Under terms of the agreement, the city must invest and conserve the principal amount of the contribution in perpetuity. Earnings, measured on the accrual basis, must be used to maintain the Edmund Pettus Bridge. All changes in fair value do not affect earnings for transfer purposes. Earnings are transferred periodically to the Edmund Pettus Bridge Maintenance Fund, a special revenue fund. The following are some of the transactions that took place during 2014.

1. A certificate of deposit of $500,000 was purchased on January 1st, 2014 that pays interest of 2% per annum on June 30 and December 31st each year.

2. On June 30, 2014 interest on the certificate of deposit was received by the endowment fund and transferred to the Edmund Pettus Bridge Maintenance Fund.

What are the Journal entries for requirement 2 in Permanent fund and Special revenue fund?