Prepare all journal entries for the above transactions that are necessary in the funds of the City of Dayville assuming that.
A. The City of Dayville has made a commitment to the holders of the special assessment debt to assure the timely and full payment of principal and interest on the appropriate due dates.
B. The City of Dayville has not obligated itself in any manner on the special assessment debt that was issued for the construction of the sidewalks.