For each of the follow transactions, prepare all corresponding journal entries in all the funds affected. A $$15$ million par value bond was sold at $101.$ The premium is transferred to the debt service fund. Create the journal

entries for both funds $-$ there are $3.(6$ points$)$

CPF:

DSF: The city signs several construction$-$related contracts for goods and services to cost $$10$ million. $(2$ points$)$ The city receives contractor invoices for $$15\mathrm{.}1$ million for construction and related services from a project. The invoices

include a $$300,000$ additional over$-$time charge not included in the original contract but approved by the city

controller. The city pays the invoices with $10\%$ retention.A capital projects fund records a liability for $$75,000$ a reimbursement due to the general fund for city engineering

costs and project management overhead. Create journal entries for both the capital projects fund and the general

fund. $(4$ points$)$