Q1 ) Assume that the City of Nablus maintains its books and records in a manner that facilitates preparation of the fund financial statements.. during the fiscal year 2014,. All amounts are in thousands. . Jan 1 Its commissioners approved a budget for the current fiscal year. It included total revenues of $860 and the total appropriations of $880. Feb 2 It ordered office supplies for $20. Mar 10 It incurred the following costs. Paying in cash. Salaries $ 610 Repair $ 40 Mar 12 It ordered equipment costing $9. Apr 12 It received the equipment and was billed for $10. Apr 14 It received the ordered supplies o f $ 15 and was billed for the amount originally estimated. it will received the remaining in the following year. May 15 It earned and collected tax revenues of $820 and fees as $ 600. INSTRUCTIONS:- Prepare the necessary journal entries. Prepare the necessary closing entries at December 31. Prepare the necessary entry at the beginning of 2015