Following are a number of unrelated transactions for the Village of Centerville, some of which affect governmental activities at the govemment-wide level. None of the transactions have been recorded yet Required Prepare In general journal form the necessary entries in the governmental activities and appropriate fund journals for each transaction. [If no entry is required for a transaction event, select "No Journal Entry Required" in the first account field. Do not round intermediate calculations.) General Journal Debit Credit 1. The General Fund collected and transferred S890,000 in tax collections to the debt service fund; S800,000 of this amount was used to retire outstanding serial bonds and the remainder was used to make the interest on the serial bonds. 1a General Fund Record the receipt of cash from tax collections. Record the transfer of cash collected from taxes to the debt service fund. Debt Service Fund 1c Record the transfer of cash collected from taxes to the debt service fund. Record the payment of principal and interest to retire the bonds Record the receipt of cash from tax collections. Activites Record the payment of principal and interest to retire the bonds A S8,900,000 issue of serial bonds to finance a capital project was sold at 104 plus accrued interest in the amount of $89,000. The accrued interest and the premium were recorded in the debt service fund. Accrued interest on bonds sold must be used for interest payments; the premium is designated by state law for eventual of bond Capital Projects Fund Debt Service Fund