Prepareall the entries required in the Jail Addition Capital Projects Fund for Franklin County for the following transactions and events.

Assume that the bond anticipation notes meet the criteria for being treated as long-term debt.June 30 is the fiscal year end for Franklin County.All amounts are in thousands of dollars(2.5 pts each)

1. The county issued $2,500 of 8-month, 9% bond anticipation notes on August 1, 20X3. The proceeds are to be used to begin construction of a recently approved addition to the county jail.
2. On July 10, the county signed a contract for $5,000,000 for construction of the addition.
3. On November 30, the contractor billed the county for 40% of the work on the jail addition.The actual cost of the work was $2,200.The county paid all but 10% of the amount billed. The balance is to be paid upon completion and approval of the project.
4. The county issued $5,000 of 10-year, 8% bonds at par on March 31, 20X4.Bond issue costs of $50 were withheld from the proceeds. Interest and one-tenth of the principal are payable annually on the bonds. The bond proceeds are to be used to repay the bond anticipation notes and to finance construction of the jail addition.
5. On March 31, the county transferred $200 from the General Fund to the Jail Addition Capital Projects Fund to provide additional funding for the project.The BANs and interest also were paid on that date.
6. In May the contractor billed the county $2,800 for the remainder of the work on the jail. The county approved the facility and paid the contractor all amounts owed.