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County, the Parks and Recreation Department constructed a library in one of the county's high h Fulbright growth aneas. The construction was funded by a number of sources. Below is selected information related b te Ubrary Capial Projct Fund. All activity related to the ltrary construction occurred within the 2017 scal year Required Prepare a jounal entry for capial projacts fund and govemmental activities at the govemment wide level of notrtryls required for transactionevent, select "No Journal Entry Required" in the Int account field.) .The county issued $7,100,000 6 percoent bonds, with interest payable semiannualy on June 30 and December 31. The bonds soid fer 101 on July 130. 2016. Proceeds bom the bonds were to be ed for constructon ofthe ibraywhalinterest and penums received to be used to service the debt issue. Assume the premium and interest are recorded directly in the debt service fund Capital Projects Fund Cash 7.100,000 of Bonds on Bonds Payable nterest Payable 2 A $760,000 federal gant was received to helip finance construction of the ibrary Capital Projects Fund Cash Revenues-Cuture Caital Proects Fund MacBook Air 2 4 5 6 County, the Parks and Recreation Department constructed a library in one of the county's high h Fulbright growth aneas. The construction was funded by a number of sources. Below is selected information related b te Ubrary Capial Projct Fund. All activity related to the ltrary construction occurred within the 2017 scal year Required Prepare a jounal entry for capial projacts fund and govemmental activities at the govemment wide level of notrtryls required for transactionevent, select "No Journal Entry Required" in the Int account field.) .The county issued $7,100,000 6 percoent bonds, with interest payable semiannualy on June 30 and December 31. The bonds soid fer 101 on July 130. 2016. Proceeds bom the bonds were to be ed for constructon ofthe ibraywhalinterest and penums received to be used to service the debt issue. Assume the premium and interest are recorded directly in the debt service fund Capital Projects Fund Cash 7.100,000 of Bonds on Bonds Payable nterest Payable 2 A $760,000 federal gant was received to helip finance construction of the ibrary Capital Projects Fund Cash Revenues-Cuture Caital Proects Fund MacBook Air 2 4 5 6