You are given the following post-closing trial balance for the Special Assessment Capital Projects Fund of the city of Stone Creek Bank as of January 1, 2018. The project was started last year and should be completed in June of 2018.

The special assessments are collected by the debt service fund, which also makes payments of principal and interest on special assessment bonds. The city has guaranteed payment of the debt in the event of nonpayment by the special assessment property owners. The debt service fund has the following balances, shown on page 880, on January 1, 2018.

The following events occurred during 2018:
January 2€” The city adopted an operating budget for2018 construction activities. Expenditures are estimated at $223,400, including amounts encumbered in the prior year. Budgetary accounts are used.
January 5€” Prior-year encumbrances are restored, and new encumbrances of $138,000 are recorded.
February 1€” $220,000 of current special assessments are collected, along with interest of $17,600. Interest of $2,400 was billed on the uncollected current assessments, which were classified as delinquent.
February 28€” $115,000 was paid on outstanding special assessment bonds, including interest of $15,000.
March 14€” Delinquent special assessments and interest thereon of $2,650 were collected.
May 1€” Expenditures of $220,000 were vouchered to Contracts Payable. The usual 5% retained percentage was entered. The project is now complete at a total cost of $896,000.
May 10€” A check for $100,000 was issued to the contractor.
Required
Prepare journal entries to record each of the preceding events in the proper funds and groups of accounts using the following format:
Date Fund or Account Group Entry

Debit Credit Cash . . 60,000 150,000 80,000 290,000 290,000 esfricted .. . . Fund Balance-Assigned for Encumbrance Debit 20,000 250,000 Credit ash Special Assessments Receivable-Current . . .. 250,000 250,000 20,000 Revenues Fund Balance -Restricted for Debt Service . . . . . . . . . . . . . . . .. . .