Prepare jounal entries for a local govemment to record the folowing transactions frst for fund financial statements and then for government wide financial statements ouse The comment is i house allowed The govemment sets $910,000 in bonds at face value to finance the construction 6.4 $113 milion contract is signed for construction of t The govemment transfers cash of $206,000 in unrestricted funds for the even seyment of the debt in d. The govemment receives equipment for the fire department with a cost of $14225 When ordered ancipated cost of $14.000 was recorded e Supplies to be used in the schools are bought for $2.400 cash The consumption method is used 1 The state awards a grant of $92,750 to supplement police saianes. The money w aher the supplement payments have been made imburse the government but only The government mais property tax assessments to the citizens. The elements $754,000, although officials anticipate that T percent will never be collected. The government holds an enforceable legal cim to this money can be spent immediately Complete this question by entering your sewers in the tabel PINO FIN STME GOVT WIDE PIN STAT Prepare journal entries for a local govemment funds to record the fund financial statements the app fund when required. Enter your required in first account fee) The government ses $918.000 in bonds at face value to face the Cress bonds A$1.13 mition coi signed for auction of the house. The camera Record cantonstruction of warhout The govemment sash of $20,000 in und unds for the General Sund Recorder of d The government revenant for the fire depan with a The stewart of 750 podes The money wil Prepare joumal entries for a local government to record the following transactions, first for Sund financial statements and then for government-wide financial statements a The government seils 5918,000 in bands at face value to finance the construction of a new warehouse b. A $1.13 million contract is signed for construction of the warehouse. The commitment is reported, if allowed c. The government transfers cash of $206,000 in unrestricted funds for the eventual payment of the debt in 6 d. The government receives equipment for the fire department with a cost of $14,225 When ordered, e was recorded anticipated cost of $14,000 e. Supplies to be used in the schools are bought for $2,400 cash. The consumption method is used The state awards a grant of $92,750 to supplement police salaries. The money will be paid to reimburse the govemment but only after the supplement payments have been made g. The govemment mails property tax assessments to Rs crens. The total assessment is $754.000, although officials anticipate that percent will never be collected. The government holds an enforceable legal claim to this money. It can be spent immediately Complete this question by entering your answers in the tabs below. FUND FIN STMT GOVT WIDE FIN STMT Prepare joumal entries for a local govemment funds to record the government-wide financial statements. (Select the appropriate fund for exch situation when required. Enter your ansarers in dolars, not in millions. If no entry is required for a transaction/event, select "he mal entry required" in the first account feld.) Patty General Journal The government sells $918,000 in bonds at face value to finance the construction of a new warehouse Record sale of bonds A b.A$1.13 million contact is signed for construction of the warehouse. The commitment is reported, if allowed Record contract for construction of The govemment transfers cash of $206,000 in unrestricted funds for the eventual payment of the debt in t Record transfer of unrestricted fund a Debt Creat The government receives equipment for the fire department with a cost of $14,225 When ordered, an anticipated cost of $14,000 wan recorded Recond receipt of equipment Supplies to be used in the schools are bought for $2,400 cash. The consumption method is used Record supples purchased for cash The state awands a grant of $92,750 to supplement police salaries. The money will be paid to reimburse the govemment but only after the supplement payments have been made Record the grant revenue The government mais property tax assessments to its citizens. The sot assessment is $754,000, although officials anticipate that percent will never be collected The govemment holds an anforceable legal claim to this money it can be spent immediately Recond property tax assessments