please solve c , d , and e only

damage to fish and game purposes. The fund began in 201 ing balances: Debits Credits 566,000 Accounts Payable Cash License Fees Receivable $200,000 125,000 9,000 265,000 3,000 $334,000 Fund Balance Wages Payable 5334,000 Total 1. The State adopted a budget for the Fish and Game Fund prom estimated revenues of $1,400,000, appropriations of $1.670 anticipated transfers from the State's General Fund of $300. expenditures, other than capital expenditures, are to be charo Current Expenditures-Wildlife Management ged 2. At the end of 2014, there were outstanding purchase orders for hatch year ery supplies totaling $26,000 that will be received in the currert It is the State's policy to honor outstanding purchase orders from the previous year 3. Hunting and fishing licenses are sold by outfitters and outdoor equip ment retailers and are remitted to the State by the 15th of the follow ing month. During 2015, the State received $1,150,000 in cash for licenses, which includes the amount accrued at the end of the previous year. In addition, it is estimated $128,000 will be received in January 2016 for December 2015 sales. 4. During the year, the State received an additional $272,000 for fines levied against individuals violating state hunting and fishing laws. 5. The State operates fish hatcheries for its stocking program. During the ear, the State placed orders totaling $277,000 for hatchlings, feed, and other supplies. These are in addition to the outstanding purchase orders from 2015. 6The State received supplies at an invoice cost totaling $287,500 for hatchery supplies. The related encumbrances for these items totaled $289,000 (this includes the $26,000 issued in 2014). 7. Payments of accounts payable totaled $303,000 in 2015. . The General Fund provided $300,000 to the Fish and Game Fund for the acquisition of a new fish hatchery. This amount was 2015 received in Accounting for the General and Special Revenue Funds 121 9. A purchase order was awarded to Aquatics Construction Company for the new hatchery in the amount of $305,000. The contract was completed and capital expenditures for the new hatchery were paid in the amount of $305,000. 10. Wages were paid during the year in the amount of $977.000. This includes the unpaid amounts accrued at the end of the previous year 11. Unpaid wages related to the last pay period of 2015 totaled $3,600 and will be paid in January 2016, 12. At December 31, the unused hatchery supplies on hand totaled $12,850 Required Use the Excel template provided. A separate tab is provided in Excel for each of these steps. a. Prepare journal entries to record the information described in items 1 to 12. b. Post these entries to T-accounts. c. Prepare closing journal entries; post to the T-account provided. Clas- sify fund balances assuming all spendable net resources are classified as Restricted d. Prepare a Statement of Revenues, Expenditures and Changes in Fund Balance for the Special Revenue Fund for the year ending 2015. e. Prepare a Balance Sheet for the Special Revenue Fund as of Decem- ber 31, 2015 damage to fish and game purposes. The fund began in 201 ing balances: Debits Credits 566,000 Accounts Payable Cash License Fees Receivable $200,000 125,000 9,000 265,000 3,000 $334,000 Fund Balance Wages Payable 5334,000 Total 1. The State adopted a budget for the Fish and Game Fund prom estimated revenues of $1,400,000, appropriations of $1.670 anticipated transfers from the State's General Fund of $300. expenditures, other than capital expenditures, are to be charo Current Expenditures-Wildlife Management ged 2. At the end of 2014, there were outstanding purchase orders for hatch year ery supplies totaling $26,000 that will be received in the currert It is the State's policy to honor outstanding purchase orders from the previous year 3. Hunting and fishing licenses are sold by outfitters and outdoor equip ment retailers and are remitted to the State by the 15th of the follow ing month. During 2015, the State received $1,150,000 in cash for licenses, which includes the amount accrued at the end of the previous year. In addition, it is estimated $128,000 will be received in January 2016 for December 2015 sales. 4. During the year, the State received an additional $272,000 for fines levied against individuals violating state hunting and fishing laws. 5. The State operates fish hatcheries for its stocking program. During the ear, the State placed orders totaling $277,000 for hatchlings, feed, and other supplies. These are in addition to the outstanding purchase orders from 2015. 6The State received supplies at an invoice cost totaling $287,500 for hatchery supplies. The related encumbrances for these items totaled $289,000 (this includes the $26,000 issued in 2014). 7. Payments of accounts payable totaled $303,000 in 2015. . The General Fund provided $300,000 to the Fish and Game Fund for the acquisition of a new fish hatchery. This amount was 2015 received in Accounting for the General and Special Revenue Funds 121 9. A purchase order was awarded to Aquatics Construction Company for the new hatchery in the amount of $305,000. The contract was completed and capital expenditures for the new hatchery were paid in the amount of $305,000. 10. Wages were paid during the year in the amount of $977.000. This includes the unpaid amounts accrued at the end of the previous year 11. Unpaid wages related to the last pay period of 2015 totaled $3,600 and will be paid in January 2016, 12. At December 31, the unused hatchery supplies on hand totaled $12,850 Required Use the Excel template provided. A separate tab is provided in Excel for each of these steps. a. Prepare journal entries to record the information described in items 1 to 12. b. Post these entries to T-accounts. c. Prepare closing journal entries; post to the T-account provided. Clas- sify fund balances assuming all spendable net resources are classified as Restricted d. Prepare a Statement of Revenues, Expenditures and Changes in Fund Balance for the Special Revenue Fund for the year ending 2015. e. Prepare a Balance Sheet for the Special Revenue Fund as of Decem- ber 31, 2015