Chesterfield County had the following transactions.

a. A budget is passed for all ongoing activities. Revenue isanticipated to be $940,750 with approved spending of $631,000 andoperating transfers out of $248,000.

b. A contract is signed with a construction company to build anew central office building for the government at a cost of$6,300,000 . A budget for this project has previously beenrecorded.

c. Bonds are sold for $6,300,000 (face value) to financeconstruction of the new office building.

d. The new building is completed. An invoice for $6,300,000 isreceived and paid.

e. Previously unrestricted cash of $1,220,000 is set aside tobegin paying the bonds issued in (c).

f. A portion of the bonds comes due and $1,220,000 is paid. Ofthis total, $150,000 represents interest. The interest had not beenpreviously accrued.

g. Citizens' property tax levies are assessed. Total billing forthis tax is $815,000. On this date, the assessment is a legallyenforceable claim according to the laws of this state. The money tobe received is designated for the current period and 90 percent isassumed to be collectible in this period with receipt of anadditional 6 percent during subsequent periods but in time to beavailable to pay current period claims. The remainder is expectedto be uncollectible.

h. Cash of $169,000 is received from a toll road. This money isrestricted for highway maintenance.

i. The county received investments valued at $379,000 as adonation from a grateful citizen. Income from these investmentsmust be used to beautify local parks.

Prepare the entries first for fund financial statements and thenfor government-wide financial statements.