Part B (2) Chapter 5-Journal Entries for Special Revenue Fund Transactions The Library Special Revenue Fund began calendar year 2022 with a cash balance of $5, no liabilities, and a restricted fund balance of $5. Prepare journal entries to record these transactions in the Library Special Revenue Fund and, where appropriate, in the General Fund. Do not make encumbrance entries for the Library Special Revenue Fund. 1. The General Fund transferred $100 cash to the Library Special Revenue Fund to help the library finance its activities for the year. The amount will not be repaid. 2. The library received a grant of $300 from the county. The grant must be used only for library purposes, but there is no requirement as to when it must be spent. 3. The library received $20 from fines, donations, and various fundraising events. Recall that these constitute miscellaneous revenues. 4. The library paid $350 for salaries and $40 to acquire books and periodicals. Charge the Expenditures-cul- ture salaries and Expenditures-culture supplies accounts, respectively.