Long-term debt adjustments for government-wide financial statements Sai-Tu Village reported outstanding long-term bonds payable of $6,000,000 in the governmental activities column of its government-wide statement of net position for the year ended December 31, 2022. During 2023, Sai-Tu Village sold $500,000 of new general obligation bonds and repaid $300,000 of bonds outstanding at the beginning of the year. Prepare journal entries needed to adjust Sai-Tu's fund financial statements so government-wide statements can be prepared for the year ended December 31, 2023. If no entry is necessary, select 'No debit (or credit) entry needed' in the account fields and enter 0 in the amount fields. Account To record adjustment for 2022 balances. To record adjustment for 2023 bond issuances. To record adjustment for 2023 bond repayments Debit Credit