On August $1,2022,$ the city's water utility fund issued $$1,000,000$ in $7\%$ five$-$year serial bonds at $101$ at effective rate $6\mathrm{.}5\%$ for construction of a new treatment plant. Principal and interest payments are to be made made annually beginning August$1,2003.$ What are the journal entries for the first principal interest payment made for EF and Govermental Wide Business?On August $1,2023,$ the first principal and interest payment was made on the water utility bonds

$\backslash$table$[[$Principal Expense,,,Governmental Wide$-$Business Activity,$],[,,$Principal Expense,,$],[$Interest Expense,,,Interest Expense,,$],[$Cash$,,,$Cash,,,$],[$Equitylmpacted$,$DirectionOflmpact,Amount,,Equitylmpacted,DirectionOflmpact,Amount$],[,,,,,,],[,,,,,,]]$On August $1,2023,$ the first principal and interest payment was made on the water utility bonds

$\backslash$table$[[$Principal Expense,,,Governmental Wide$-$Business Activity,$],[,,$Principal Expense,,$],[$Interest Expense,,,Interest Expense,,$],[$Cash$,,,$Cash,,,$],[$Equitylmpacted$,$DirectionOflmpact,Amount,,Equitylmpacted,DirectionOflmpact,Amount$],[,,,,,,],[,,,,,,]]$