Write the journals for each

39- a. b. Preparejournal entries for a local government to record the following transactions, rst for fund nancial statements and then for governmentwide nancial statements. The government sells $900,000 in bonds at face value to nance construction of a Warehouse. A $1.1 million contract is signed for construction of the warehouse. The commitment is required, if allowed. A $130,000 transfer of unrestricted funds was made for the eventual payment of the debt in {a}. . Equipment for the re department is received with a cost of $12,000. When it was ordered, an anticipated cost of $11,800 had been recorded. . Supplies to be used in the schools are bought for $2,000 cash. The consumption method is used. A state grant of $90,000 is awarded to supplement police salaries. The money will be paid to reimburse the government alter the supplement payments have been made to the police ofcers. . Property tax assessments are mailed to citizens of the government. The total assessment is $600, 000, although ofcials anticipate that 4 percent will never be collected. There is an enforceable legal claim for this money and the government can use it immediately