The following events take place:
Kevin Hall died and left acres of undeveloped land to the city for a future park. He
acquired the land at $ an acre, but at the date of his death, the land was appraised at
$ an acre.
The city authorized the transfer of $ of general revenues and the issuance of
$ in general obligation bonds to construct improvements on the donated land.
The bonds were sold at par.
The improvements were completed at a cost of $ and the operation of the park
was turned over to the City Parks Department.
Prepare entries in general journal form to record these transactions in the proper funds
Designate the fund in which each transaction is recorded. If the transaction did not result in a
journal entry to a government fund, record the journal entry needed to reflect the information in
the governmentwide Statement of Net Position. Credit account titles are automatically indented
I have to do many more journal entries than the entries the answer sheet gave me I have to record govenmentwide Statement of Net Position, General fund, capital project fund to record issuance of bonds and to record transfer of general revenues
