hello to anybody who can help me here.the question is in pictures.

Tab Problem (10 points). CapsLk Enter The following transactions related to general long term debt of Gray City occurred during the current fiscal year. Assume, unless otherwise indicated that no money has been set aside in a debt service fund to repay principal on the debt indicated. Shift Shift POUR Ctrl Pgon DODOLBY ATMO: SPEAKER SYSTEM GRAY CITY TRANSACTIONS RELATING TO LONG TERM LIABILITIES FOR GOVERNMENT WIDE STATEMENTS FOR CURRENT FISCAL YEAR (a) Gray City issued S12,000,000 of 6% refunding bonds for cash and paid off an existing issue of 7% general obligation bonds issued ten years ago to finance construction of a new city hall with the proceeds. The city leased equipment under a lease agreement. The lease calls for payments, to be made at the beginning of each year, of $50,000 for five years. The interest rate implicit in the lease, which is known to the city, is 12%. The first payment was made at this time, The city will be required to pay $250,000 for claims and judgments relating to general government activities. The current portion of these claims are $60,000, with the remainder being long term. (d) The General Fund transferred $500,000 to a debt service fund to pay principal on the 6% bonds issued in (a) above. Lenovo REQUIRED: Using the attached form, prepare the general journal entries, in proper form, that would be required for the general long term liabilities to be reported properly in the government wide financial statements. Do not make the entries for the individual funds. Use the letter of the transaction for the date. Omit explanations. GRAY CITY GENERAL LONG TERM LIABILITIES GENERAL JOURNAL FOR THE CURRENT FISCAL YEAR Explanation Debit Date Credit