Identify the fund for each of the following transactions and record the appropriate entries 1. Smith County issued $10 million of general obligation, 10%, 10-year bonds at 115 on October 1, 20X8. Bond interest is payable semiannually on March 31 and September 30. The bonds were issued to finance construction of a new county office building. 2. The county board of supervisors voted to use the premium on the bonds to pay principal and interest charges on the debt when it matures. Resources were transferred to the appropriate fund. 3. The county received a bill for $2 million from Roger Construction Company during 20X8 for work on building a school. Contract was previously signed for 10,500,000 for construction of the school All but 10% held as retainage was paid 4. The county owned and operated electric utility billed residents and businesses $2,000,000 for electricity sales. 5. Bond interest of $ 500,000 was paid by the fund responsible for payment of bond principal and interest 6. A government electric utility purchased transmission equipment during the year at a cost of $5,000,000. Two million dollars was paid in cash and the government borrowed the balance on a five -year, 8% note payable.