Required A Required B Required C1 Required C2 Prepare entries required to record the inception of the lease in the General Fund, the debt service fund, and the governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) General Journal Debit Credit Transaction Fund / Governmental Activties 1. Record the inception of the lease. 1 General Fund Debt Service Fund Governmental Activities Required A Required B Required C1 Required C2 Prepare entries required to record the inception of the lease in the General Fund, the debt service fund, and the governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) General Journal Debit Credit Transaction Fund / Governmental Activties 1. Record the inception of the lease. 1 General Fund Debt Service Fund Governmental Activities Required A Required B Required C1 Required C2 Prepare entries required to record the payment at the end of the first year of the lease in both the debt service fund and governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Transaction Fund / Governmental Activties General Journal Debit Credit 1. Record the payment at the end of the year. 1 Debt Service Fund Governmental Activities Required A. Required B Required C1 Required C2 What amount would the liability be reported at the end of the first year? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Amount Required A Required B Required C1 Required C2 Prepare entries required to record the inception of the lease in the General Fund, the debt service fund, and the governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) General Journal Debit Credit Transaction Fund / Governmental Activties 1. Record the inception of the lease. 1 General Fund Debt Service Fund Governmental Activities Required A Required B Required C1 Required C2 Prepare entries required to record the inception of the lease in the General Fund, the debt service fund, and the governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) General Journal Debit Credit Transaction Fund / Governmental Activties 1. Record the inception of the lease. 1 General Fund Debt Service Fund Governmental Activities Required A Required B Required C1 Required C2 Prepare entries required to record the payment at the end of the first year of the lease in both the debt service fund and governmental activities journal. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) Transaction Fund / Governmental Activties General Journal Debit Credit 1. Record the payment at the end of the year. 1 Debt Service Fund Governmental Activities Required A. Required B Required C1 Required C2 What amount would the liability be reported at the end of the first year? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.) Amount
