Uzuri County Council authorised the construction of a city hall on $1$ July $2012.$ The hall was expected to cost Sh$.160,000,000.$ The project was to be financed as follows:

Sh$.80,000,000$ from a $6\mathrm{.}5\%$ bond issue

Sh$.64,000,000$ from a government grant

Sh$.16,000,000$ from the general fund

The following transactions and events took place during the year ended $30$ June $2013$:

The county council transferred Sh$.16,000,000$ from the general fund to the city hall capital fund. The capital project fund was for the purpose of construction of the city hall.

Planning and architects fees amounting to Sh$.6,400,000$ were paid.

The contract was awarded for Sh$.152,000,000.$

The $6\mathrm{.}5\%$ bonds were sold for Sh$.80,320,000$ and the amount of the premium transferred to the debt service fund.

The contract was certified $50\%$ complete and an invoice for Sh$.76,000,000$ was received from the contractor.

The contractor was paid the invoiced amount l$$s $10\%$ retention

Required:

i$.$ Journal entries to record the aboye transactions.

ii$.$ Statement of revenue and expenditure of the capital project fund for the year ended June $2013.$

iii. Statement of financial position of the capital project fund as at $30$ June $2013.$