Miscellaneous scenarios requiring journal entries The following transactions and events pertain to Bean County's General Fund for the calendar year 2022: 1. The entity receives invoices in early January 2023 for $25,000 for professional services obtained in 2022, and $32,000 for December 2022 utility services. 2. The entity borrows $500,000 on August 1, 2022, in anticipation of the collection of property taxes. The borrowed amount is due to be repaid on January 31, 2023, with interest at the rate of 1.5 percent per annum. 3. The entity invests $300,000 cash in a CD on November 1, 2022, at an interest rate of 1 percent per annum. The CD will mature on January 31, 2023. 4. In September 2022, the entity receives and accepts supplies that had been ordered in August. The amount that had been encumbered was $40,000, but the amount of the approved invoice was $42,000. Prepare journal entries for the transactions and events listed above. Enter 0 or leave the field blank if no entry is required for calendar year 2022.