As of December 31, 2022, Sandy Beach had $9,400,000 in 4.0 percent serial bonds outstanding. Cash of $565,000 is the debt service funds only asset as of December 31, 2022, and there are no liabilities. The serial bonds pay interest semiannually on January 1 and July 1, with $500,000 in bonds being retired on each interest payment date. Resources for payment of interest are transferred from the General Fund, and the debt service fund levies property taxes in an amount sufficient to cover principal payments. a-1. Prepare debt service fund and government-wide entries in general journal form to reflect, as necessary, the following information and transactions for FY 2023. a-2. Prepare the closing entries.