Problem (25 points) The City of Beulah had, among other accounts, the attached preclosing account balances in its General Fund as of April 30, 20X6. Each account has its normal balance. REQUIRED: (1) Prepare, in proper form, a statement of revenues, expenditures, and changes in fund balances for the General Fund for the year ending April 30, 20X6 Compute the amount of expenditures and encumbrances that would be reported by the City in its statement of revenues, expenditures, and changes in fund balances--budget and actual, for the General Fund for the year ending April 30, 20X6 (2) CITY OF BEULAH SELECTED PRECLOSING ACCOUNT BALANCES-GENERAL FUND AT APRIL 30, 20X6 Cash Estimated Revenues Revenues Expenditures--20X5 Expenditures--20X6 Estimated Other Financing Uses Estimated Other Financing Sources Equity Transfers Out Other Financing Uses--Operating Transfers Out Taxes Receivable--Delinquent Vouchers Payable Other Financing Sources--Operating Transfers In Appropriations Encumbrances--20X6 Fund Balance--Committed--Encumbrances--20X6 Fund Balance--Unassigned Fund Balance--Committed--Encumbrances--20X5 50,000 6,000,000 6,100,000 100,000 5,200,000 500,000 200,000 50,000 500,000 40,000 135,000 200,000 5,700,000 200,000 200,000 350,000 100,000