Record the journal entries (on the fund level) for the following transactions in a governmental fund. You only need to provide the entries; you don t need to specify the funds. a. Issued $5,000,00

Record the journal entries (on the fund level) for the following transactions in a governmental fund. You only need to provide the entries; you don’t need to specify the funds.

a. Issued $5,000,000 tax anticipation note.

b. Issued $10,000,000 general obligation bond.

c. Transferred $1,500,000 to fiscal agent for payment of $1,000,000 in bond principal and $500,000 in interest payments.

d. Fiscal agent pays bond holders.

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