Prepare journal entries for capital projects fund and the government-wide governmental activities general journal for each of the following unrelated transactions. (The General Fund should not be used.)

4. A city issued a $5,000,000 bond at 101 to fund construction of a city hall addition. (You can assume that the premium is directly deposited in the debt service fund, and you need not prepare the debt service fund entry.)
4	Capital Projects Fund	Cashselected answer correct	5,000,000selected answer correct	not attempted
		Other Financing SourcesProceeds of Bonds selected answer correct	not attempted	5,000,000selected answer correct
	Governmental Activities	Cashselected answer correct
		Premium on Bonds Payableselected answer correct		not attempted
		Bonds Payableselected answer correct	not	5000000
5. A borough sold $4,000,000 of 6 percent construction-related bonds dated January 1 on March 1 at par. The construction is related to governmental activities.
5	Capital Projects Fund	Cashselected answer correct	4,000,000selected answer correct	not attempted
		Other Financing SourcesProceeds of Bonds selected answer correct	not attempted	4,000,000selected answer correct
	Governmental Activities	Cashselected answer correct
		Bonds Payableselected answer correct
		Accured Interest Payable (or ExpensesInterest on Bonds)selected answer correct