Prepare journal entries for capital projects fund and the government-wide governmentsl activities general journal for esch of the following unrelated transactions. (The General Fund should not be used.) (If no entry Is required for a transaction/event, select "No Journal Entry Requlred" In the first account field.) 3 Answer is not complete. neaction General Journal Deblt Credit 1. A tawn secures a note payable in the amount of $150,000 to pay initial expenses for construction af a new police station. Tawn administrators plan to repay this nate within three months with tax revenues and issue a construction band shortly thereafter Cash 150,000 Fund Program Revenues-Public Safety 150,000 Cash Activities Program Revenues Public Safety 2. A caunty secures a band anticipation note in the amount of $500,000 to pay initial expenses for construction of a convention center. The board af county commissioners recommended that the finance department refinance the band anticipation note by issuing a construction bond when construction activity begins. Cash Fund Other financing sources Praceeds of Capital Asset Sale Cash 3. Due to an unexpected change in interest rates, a village issued $3,250,000 bond at 98 percent of par value. The bond was issued to fund construction of a bike path, including restrooms and picnic shelters. t is expected that the shortage will be covered by future transfer from another und Fund Activities 4. A city issued a $5,500,000 bond at 101 to fund construction af a city hal addition.(You can assume that the premiurn is directly deposited in the debt service fund, and you need not prepare the debt service fund entry.) Fund 5. A borough sald $3,500,000 af 6 percent construction-related bonds dated January 1 on March 1 at par. The construction is related to govemmental Fund Activities Prepare journal entries for capital projects fund and the government-wide governmentsl activities general journal for esch of the following unrelated transactions. (The General Fund should not be used.) (If no entry Is required for a transaction/event, select "No Journal Entry Requlred" In the first account field.) 3 Answer is not complete. neaction General Journal Deblt Credit 1. A tawn secures a note payable in the amount of $150,000 to pay initial expenses for construction af a new police station. Tawn administrators plan to repay this nate within three months with tax revenues and issue a construction band shortly thereafter Cash 150,000 Fund Program Revenues-Public Safety 150,000 Cash Activities Program Revenues Public Safety 2. A caunty secures a band anticipation note in the amount of $500,000 to pay initial expenses for construction of a convention center. The board af county commissioners recommended that the finance department refinance the band anticipation note by issuing a construction bond when construction activity begins. Cash Fund Other financing sources Praceeds of Capital Asset Sale Cash 3. Due to an unexpected change in interest rates, a village issued $3,250,000 bond at 98 percent of par value. The bond was issued to fund construction of a bike path, including restrooms and picnic shelters. t is expected that the shortage will be covered by future transfer from another und Fund Activities 4. A city issued a $5,500,000 bond at 101 to fund construction af a city hal addition.(You can assume that the premiurn is directly deposited in the debt service fund, and you need not prepare the debt service fund entry.) Fund 5. A borough sald $3,500,000 af 6 percent construction-related bonds dated January 1 on March 1 at par. The construction is related to govemmental Fund Activities