Exercise 5-22 (Algo) Recording Capital Projects Fund Transactions (LO 5-4] Fulbright County constructed o library in one of the county's high-growth areas. The construction was funded by a number of sourced. Below is selected information related to the Lbrary Capital Project Fund. All activity related to the library construction occurred within the current fiscal yean. The county operates on a calendar-year basis. Required Prepare a joumal entry for capital projects fund and governmental actwities at the govemment-wide level. (if no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) equlpment 6. The capkal projects fund temporary accounts were closed to Fund Balance-Restricted. The resources are restricted because they were obtained from bonded debt issued excluslely for loracy construction. The capital projects fund was cloted by transforring remaining funds to the debt service fund for use in libeary construction debt repayment. Exercise 5-22 (Algo) Recording Capital Projects Fund Transactions (LO 5-4] Fulbright County constructed o library in one of the county's high-growth areas. The construction was funded by a number of sourced. Below is selected information related to the Lbrary Capital Project Fund. All activity related to the library construction occurred within the current fiscal yean. The county operates on a calendar-year basis. Required Prepare a joumal entry for capital projects fund and governmental actwities at the govemment-wide level. (if no entry is required for a transaction/event, select "No Journal Entry Required" In the first account field.) equlpment 6. The capkal projects fund temporary accounts were closed to Fund Balance-Restricted. The resources are restricted because they were obtained from bonded debt issued excluslely for loracy construction. The capital projects fund was cloted by transforring remaining funds to the debt service fund for use in libeary construction debt repayment