Following are four independent transactions or events that relate to a local government and a voluntary health and welfare organization:

Made a disbursement of $$25,000$ from the general fund assets without donor restrictions for the cash purchase of new equipment.

Received an unrestricted cash gift of $$100,000$ from a donor.

Sold investments in common stocks with a total carrying value of $$50,000$ of a restricted endowment fund for $$55,000$ before any dividends were earned on them. The donor$-$restricted gain is to remain in the fund without donor restrictions.

Sold general obligation bonds payable with a face amount of $$1,000,000$ at par with the proceeds required to be used for construction of a new building. This building was completed at a total cost of $$1,000,000,$ and the total amount of bond issue proceeds was disbursed toward this cost. Disregard interest capitalization.

Required:

For each of these transactions or events, prepare journal entries without explanations and showing how these transactions or events should be recorded by a local government whose debt is serviced by general tax revenue.

Note: Debit before Credit. Select the appropriate fund for each situation when required. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

For each of these transactions or events, prepare journal entries without explanations and showing how a VHWO should record these transactions or events.

Note: Debit before Credit. Select the appropriate fund for each situation when required. If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.