The City of Amarillo is authorized to issue $$6,900,000,5$ percent regular serial bonds in $2023$ for the construction of a new exit off the interstate highway within city limits$.$ The bonds mature in equal annual amounts beginning on January $1,2024,$ for $10$ years and pay interest on January $1$ and July $1.$ The city is required to use all accrued interest and premiums to service the debt. The funds to pay the interest will be transferred from the General Fund. The county$$s fiscal year$-$end is December $31.$

Prepare the budgetary entries for $2023$ assuming that the bonds were scheduled to be issued on January $2.$ Assume that the January $1,2024,$ principal and interest payments will be included in the $2023$ budget. Prepare the entry required to reflect the transfer of funds from the General Fund to the debt service fund. $($You may ignore the entry in the General Fund.$)($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round intermediate calculations.$)$

f$.$ Prepare the budgetary entries for $2023$ assuming that the bonds were scheduled to be issued on January $2.$ Assume that the January $1,2024,$ principal and interest payments will be included in the $2023$ budget. Prepare the entry required to reflect the transfer of funds from the General Fund to the debt service fund. $($You may ignore the entry in the General Fund.$)($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field. Do not round intermediate calculations.$)$