How would you fill out the T-accounts on this?

The state government established a capital project fund in 2014 to build new highways. The fund is supported by a 5% tax on diesel fuel sales in the state. The tax is collected by private gas stations ans remitted in the following month to the state. The following transactions occured during 2015:

Capital Project Fund Trial Balance:

December 31, 2014

Debits

Cash 8700000

Taxes receivable 2550000

Credits

Contracts payable 1875000

Fund Balance 9375000

1. $1,700,000 of encumbrances outstanding at December 31, 2014, were re-established.

2. During the year, fuel taxes were remitted to the state totaling $25,412,000, $3,105,000 is expected to be remitted in January of next year for fuel sales in December 2015.

3. The state awarded new contracts for road construction totaling $29,000,000.

4. During the year, contractors submitted invoices for payment totaling $28,900,000. These were all under the terms of contracts (i.e, same $ amounts) issued by the State.

5. The State government made payments on outstanding accounts of $ 28,818,000.

The state government operates a debt service fund to service outstanding general obligation bonds. The folllowing transactions occured during 2015:

Debt service Fund Trial Balance:

December 31, 2014

Debits cash of $175,000

Credits Fund Balance of $ 175,000

6. The state gereral fund privided cash of $5,300,000 through transfer to the debt service fund.

7. Paymaent for matured interest totaled $3,400,000, and payments for matured principle totaled $1,800,000 during the year.

8. In December, the state refunded bonds to obtain a better interest rate. New bonds were issued providing proceeds of $25,000,000, which was immediately used to retire outstanding bonds in the same amount.

Required:

Use excel template provided. A seperate tab is provided in Excel for each of the requirements:

a. Prepare journal entries recording the events I through 8 (above) for the capital projects and debt service funds.

b. Post the journal entries to T- accounts.

c. Prepare closing enties.

d. Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the Governmental Funds( the General Fund and special revenue fund financial statements have already been prepared).

This question is in ACC-240 Chapter 5:14 in Essentials of Accounting prepared Excels are set up in this. All I am stuck on is the T-accounts.