In the government unit there are many transactions: 1. The governing board adopted budget in which agency revenues were estimated at $ 5600 and expenditures of $7000 2- It collected $2300 in taxes. 3- It ordered furniture for $ 3000. 4 It received and paid for $2800 of furniture that have been previously encumbered. s. It incurred $ 2500 in repairs expenditures. 6- It contracted for cleaning services that is estimated will cost $2200. Instructions: 1-Journalize these transactions. 2- Prepare closing entries at the end of the year.