Question: ONLY NEED PART F COMPLETED, please help me out with this one. The City of Amarilo is authonized to issue $7.800,000,5 percent regular serial bonds

ONLY NEED PART F COMPLETED, please help me out with this one.

ONLY NEED PART F COMPLETED, please help me out with this one.

The City of Amarilo is authonized to issue $7.800,000,5 percent regular serial

The City of Amarilo is authonized to issue $7.800,000,5 percent regular serial bonds in 2023 for the construction of a new exit off the interstate higtway wehin cify lmits. The bonds mature in equal annual amounts beginning on January 1,2024 , for 10 years and payy interest on January 1 and July 1 . The city is required to use al accrued interest and premiums to senvice the debe. The funds to pay the interest will be wansfered from the General Fund. The county's fiscal year-end is December 3 . Required a. Prepare the budgetary entries for 2023 assuming that the bonds were scheduled to be issued on Jantuary 2 . Assume that the Jarnary 1, 2024 . principal and interest payments will be included in the 2024 budget, (If no entry is requil red for a transectionievent, select "No Journel Entry Required" in the first account field. Do not round intermediate colculations.] b. The bonds were sold on February 1. 2023. at 102 . Prepare the joumal entries needed to record the issuance of the bonds, inclucing the entries required in the debt service fund and any entries required in the governmental activities general ledger at the government-wide level. (if no entry is recuired for a transaction/event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) c. Prepare the entry required to reflect the transfer of funds from the General Fund to the debt service fund CYou 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 calculotions.) \& Prepare the journal entries needed to record the first interest payment made on July 1 , including the entries required in the debt service fund and any entries required in the govemmental activilies general ledger at the government-wide level, Assume that the straightline method is used for premium amortization. (If no entry is required for a transoctionievent, select "No Journol Entry Required" in the first account field. Do not round intermediate colculations.) 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 o transection/event, select "No Journal Entry Required" in the first occount field. Do not round intermediate calculations.]

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