At end of 2020 encumbrances were closed with $30,000, and following balance sheet dated 31/12/2020 ist Unassigned ... Cash $70,000 Liabilities 20.000 Fund balance Assigned 30,000 The government uses the reappropriation method for outstanding commitments During 2021 the following transactions occurred: 1. Signing a contract of $80,000 in which $20,000 of services to be received in 2021 and $60,000 in 2022 2. A bill received and paid) for services ordered in 2021 with amount of $15,000 3. A bill received (and paid) for services ordered in 2020 with amount of $31,000 4. Revenues collected for cash $90,000 Fill in the table (show calculations) Entry on 1/1/2021 to restore encumbrances Entry/ies for transaction number 2 Change in reserve for encumbrances during 2021 Change in fund balance Ending fund balance -unassigned Question number 4:(6 marks) At end of 2020 encumbrances were closed with $30,000, and following balance sheet dated 31/12/2020: Cash $70,000 Liabilities 20,000 Fund balance Assigned 30,000 Unassigned ? The government uses the reappropriation method for outstanding commitments During 2021 the following transactions occurred: 1. Signing a contract of $80,000 in which $20,000 of services to be received in 2021 and $60,000 in 2022 2. A bill received (and paid) for services ordered in 2021 with amount of $18,000 3. A bill received (and paid) for services ordered in 2020 with amount of $31,000 4. Revenues collected for cash $90,000 Fill in the table:(show calculations) Entry on 1/1/2021 to restore encumbrances Entry/ies for transaction number 2 Change in reserve for encumbrances during 2021 Change in fund balance Ending fund balance -unassigned