On July 1,the First Day of Its Fiscal Year,Yale Township

On July 1,the first day of its fiscal year,Yale Township issued bonds with a face value of $1,000,000 at 102 percent of par on the date of issue.The bonds bear annual interest at 6 percent; interest is payable semiannually.The bonds will mature in equal annual installments over 20 years.Bond premium must be used for eventual bond redemption and is recorded as a restricted asset.Assuming the bonds are revenue bonds sold to finance the construction of a parking garage to be operated in a manner similar to an investor-owned business:
1)Name the type of fund in which each of the following should be recorded.(If any of the following should not be recorded at all,enter "none" on the appropriate line.)
(a)The cash received for the sale of the bonds
(b)The liability of $1,000,000 for bonds payable
(c)The cost of the parking garage
(d)Interest paid or accrued during the period of construction
2)Show in general journal form all entries that should be made to record the sale of the bonds.For each entry indicate the fund in which the entry is made.