Prepare journal entries to record the following transactions in the City of Brocks Capital Projects Fund during its 2019 fiscal year.

1. The City of Brock issues $10 million face value of general obligation bonds to build a new water park. The City received an extra $500,000 million as a bond premium. The bond covenant states that bond premiums must be used for debt service. (This requires a journal entry for the bond issuance and a second journal entry for the transfer of the bond premium.)
2. The City of Brock issues $20 million face value of general obligation bonds to construct new sidewalks and to reconfigure streets for pedestrian traffic in its historic downtown. Unfortunately, the City received only $19.8 million from the bond issuance due to a rise in interest rates prior to their issuance.