Below are a number of unrelated transactions for the Village of Centerville, some of which affect governmental activities at the government-wide level. None of the transactions has been recorded yet. Required Prepare in general journal form the necessary entries in the governmental activities and appropriate fund journals for each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.)

2. A $8,700,000 issue of serial bonds to finance a capital project was sold at 105 plus accrued interest in the amount of $87,000. The accrued interest and the premium were recorded in the debt service fund. Accrued interest on bonds sold must be used for interest payments; the premium is designated by state law for eventual payment of bond principal. 3. The debt service fund made a $100,000 lease payment, of which $14,372 was interest. Funds used to make the lease payment came from a capital grant received by the special revenue fund. \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline 3d & & Record the principal and interest on lease paid. \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular} 4. Tax-supported serial bonds with a $10,000,000 par value were issued in cash to permit refunding of a $10,000,000 par value issue of term bonds. Assume that the term bonds had been issued several years earlier at par. Four months prior to year-end, 7 percent special assessment bonds totaling $540,000 were issued to fund a streetlight improvement project in a local ubdivision. The bonds are secondarily backed by the village. The first $30,000 installment will be due from property owners six months after the initial bond Due to an unexpected change in interest rates, a village issued a $2,600,000 bond at 97 percent of par value. The bond was issued to fund construction of a ike path, including restrooms and picnic shelters. It is expected that the shortage of cash will be covered by a future transfer from another fund. A town secures a note payable in the amount of $151,000 to pay initial expenses for construction of a new police station. Town administrators plan to repay his note within three months with tax revenues. A county secures a bond anticipation note in the amount of $501,000 to pay initial expenses for construction of a convention center. The board of county commissioners recommended that the finance department refinance the bond anticipation note by issuing a construction bond when construction activity begins. 2. A $8,700,000 issue of serial bonds to finance a capital project was sold at 105 plus accrued interest in the amount of $87,000. The accrued interest and the premium were recorded in the debt service fund. Accrued interest on bonds sold must be used for interest payments; the premium is designated by state law for eventual payment of bond principal. 3. The debt service fund made a $100,000 lease payment, of which $14,372 was interest. Funds used to make the lease payment came from a capital grant received by the special revenue fund. \begin{tabular}{|l|l|l|l|l|l|l|l|} \hline 3d & & Record the principal and interest on lease paid. \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline & & & & & \\ \hline \end{tabular} 4. Tax-supported serial bonds with a $10,000,000 par value were issued in cash to permit refunding of a $10,000,000 par value issue of term bonds. Assume that the term bonds had been issued several years earlier at par. Four months prior to year-end, 7 percent special assessment bonds totaling $540,000 were issued to fund a streetlight improvement project in a local ubdivision. The bonds are secondarily backed by the village. The first $30,000 installment will be due from property owners six months after the initial bond Due to an unexpected change in interest rates, a village issued a $2,600,000 bond at 97 percent of par value. The bond was issued to fund construction of a ike path, including restrooms and picnic shelters. It is expected that the shortage of cash will be covered by a future transfer from another fund. A town secures a note payable in the amount of $151,000 to pay initial expenses for construction of a new police station. Town administrators plan to repay his note within three months with tax revenues. A county secures a bond anticipation note in the amount of $501,000 to pay initial expenses for construction of a convention center. The board of county commissioners recommended that the finance department refinance the bond anticipation note by issuing a construction bond when construction activity begins