Exercise 5-23 (Static) Funding Capital Projects [LO 5-4] Santa Maria Village recelved voter approval to issue bonds for construction of a bike path, including restrooms and pichic shelters, along village oceanfront. The finance department has discussed three different financing mechanisms. As a new accountant for the village. you want to be prepared to record each option. Required Prepare journal entries for capital projects fund and the government-wide govemmental activities general journal for each of the following unrelated transactions. (The General Fund should not be used) (if no entry is required for a transaction/event, select "No Joumal Entry Required" in the first account field.) Transaction Fund / Governmental General Jourrial 1. The village sells $2,000,000 of 3 percent construction-related bonds at par. The construction is related to governmental activities 2. The village secures a bond anticipation note payable in the amount of $150.000 to pay initial expenses. This note is considered short-ferm 3. The village secures a bond anticipation note in the amount of $500.000 to pay hitial exponses for construction of a convention center. The debt in considered langterm