Amman city adopts a budget calling for total revenues of $700 million and total expenditures of $650 million. Suppose that during the year both revenues and expenditures were $680 million and $630 million, respectively and that all transactions were for cash. Requirements: 1. Record estimate revenues 2. Record appropriation (estimate amount to be spent) 3. Record actual revenues 4. Record actual expenditure 5. Close budgetary accounts (estimate revenues and estimate appropriation 6. Close actual revenues and expenditure