Chesterfield County had the following transactions:

a.	A budget is passed for all ongoing activities. Revenue is anticipated to be $978,250 with approved spending of $615,000 and operating transfers out of $292,000.
b.	A contract is signed with a construction company to build a new central office building for the government at a cost of $8.2 million. A budget for this project has previously been recorded.
c.	Bonds are sold for $8.2 million (face value) to finance construction of the new office building.
d.	The new building is completed. An invoice for $8.2 million is received and paid.
e.	Previously unrestricted cash of $0.80 million is set aside to begin paying the bonds issued in (c).
f.	A portion of the bonds comes due and $0.80 million is paid. Of this total, $120,000 represents interest. The interest had not been previously accrued.
g.	Citizens' property tax levies are assessed. Total billing for this tax is $805,000. On this date, the assessment is a legally enforceable claim according to the laws of this state. The money to be received is designated for the current period and 90% is assumed to be collectible in this period with receipt of an additional 6% during subsequent periods but in time to be available to pay current period claims. The remainder is expected to be uncollectible.
h.	Cash of $198,000 is received from a toll road. This money is restricted for highway maintenance.
i.	The county received investments valued at $336,000 as a donation from a grateful citizen. Income from these investments must be used to beautify local parks.

Prepare the entries first for fund financial statements and then for government-wide financial statements. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in dollars not in millions.)

1. Record the budget for the year - General Fund.

2. Record encumbrances outstanding - Capital Projects Fund.

3. Record sale of bonds - Capital Projects Fund.

4. Record entry to remove encumbrance - Capital Projects Fund.

5. Record invoice received for building constructed - Capital Projects Fund.

6. Record invoice received for building constructed - Capital Projects Fund.

7. Record amount set aside to pay off bonds - General Fund.

8. Record transfer in into debt service fund - Debt Service Fund.

9. Record payoff of bonds - Debt Service Fund.

10. Record property taxes collectible - General Fund.

11. Record cash received from toll road - Special Revenue Fund.

12. Record donations received - Permanent Fund.