Prepare appropriate journal entries to record the transact.ions in individual funds: The city issues long-term bonds of $500 Question 9 options: a. Dr. Cash $500 Cr. Bonds Payable $500 b. Dr. Other Financing Sources -Bond Proceeds $500 Cr. Cash c. Dr. Bonds Payable $500 Cr. Cash $500 d. Dr. Cash $500 Cr. Other Financing Sources-Bond Proceeds $500