Problem 4. The following transactions take place: 1. On January 1, the city issued 9% general obligation bonds with a face value of$4,000,000 payable in 10 years to finance the construction of city offices. Total proceeds were $4,500,000. 2. On December 20, construction was completed and occupancy taken of the city offices. The full cost of S3,900,000 was paid to the contractor, and appropriate closing entries were made with regard to the project. 3. The General Fund repaid the Special Revenue Fund a loan of $15,000 plus $900 in interest on the loan. Instructions: Prepare entries in general journal form to record these transactions in the proper fund(s). Designate the fund in which each entry is recorded 18-1