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Prepare journal entries for the following related transactions in the fund and activity journals affected (BE SURE TO SHOW ME THE FUND(S) as well as

Prepare journal entries for the following related transactions in the fund and activity journals affected (BE SURE TO SHOW ME THE FUND(S) as well as the entry).If no entry, put N/A

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Prepare journal entries for the following related transactions in the fund and activity journals affected (BE SURE TO SHOW ME THE FEMS} as well as the entry}. If no entry, put NM 1. A capital projects fund issued $5,000,000, 4 percent bonds for $5,050,000 to nance improvements ofa park. Premiums received are to be used to service the debt issue and are directly deposited into that fund. 2. The Parks Special Revenue Fund collected $250,000 of sales taxes (were not accrued) and then transferred $250,000 for use in construction. 3. A construction contract was awarded in the amount of $5,200,000. 4. A bill was received from the contractor for $5,150,000. 5. The contractor's bill was approved for payment in full. Total construction expenditures were allocated as follows: $5,000,000 to building, and the remainder to equipment. 6. The city's general fund used $1,000 of services from the City Motor Pool. The funds have not yet been paid. Number Fund{s) Governmentwide 1

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