The City of Billsville has $8 million par value of general government, general obligation bonds payable outstanding. The city has decided to call those bonds at their call date. Record the following transactions. SITUATION A 1. The city issued $8,160,000 refunding bonds at par. 2. The city paid $8,160,000 to bondholders to retire the bonds at the call date. SITUATION B 1. The city issued $4 million of refunding bonds at par. 2. The city transferred $4,160,000 from its General Fund to its Debt Service Fund to provide the additional resources needed to call the bonds. 3. The city paid $8,160,000 to bondholders to retire the bonds at the call date. For each situation, prepare the journal entries required to record the above transactions