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There are 4 separate scenarios for bond issuances below. For each scenario, prepare the journal entry or entries for the transaction for the Capital Projects Fund and indicate the effects of each scenario on the Capital Projects Fund balance sheet equation and the General Capital Assets and General Long-Term Liabilities accounts.
Scenarios:
A. $3,000 in 6%, 15-year serial bonds are issued at par in a private placement.
B. $4,000 in 5%, 20-year serial bonds are issued at par. Bond issue costs were $100.
C. $5,000 in 4%, 25-year serial bonds are issued at 104. Bond issue costs were $150.
D. $6,000 in 4%, 30-year bonds were issued at 97. Bond issue costs were $200.
Avoidance Motivation
A behavioral response aimed at evading unpleasant outcomes, tasks, or situations.
Implicit Motives
Unconscious drives and desires that influence behavior and decision-making, often distinct from consciously stated goals or values.
Explicit Motives
Refers to motivations that are consciously recognized and can be verbally stated, influencing behaviors by one's self-aware goals.
Meaning In Life
Having a purpose and putting time and energy into attaining important goals.
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