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show me the steps please Question (1): 10 Marks The following table shows the total revenues and expenditures during the budget period ended in 2020

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show me the steps please
Question (1): 10 Marks The following table shows the total revenues and expenditures during the budget period ended in 2020 (numbers in million): Items Budget Allocation Actual Received or paid Taxes on Corporations Sales Tax 2200 2110 2040 Salaries of Permanent Employees 3200 3150 3200 Fuels 700 640 Vehicles 2200 2180 2130 Machinery and Equipment 900 4500 660 Additional Information: There are maintenance contracts, which have been signed, with service companies, worth 70 million JD and have not been implemented yet. The percentage of depreciation is 10% for capital expenditures. The balance of treasury is 470 million at the beginning of 2020. Instructions: (Based on the ACCRUAL BASIS) A- Journalize the accounting entries. B- Prepare the financial position statement on 31/12/2020. C- Determine the values of the following items: Total of Revenue Total of Operating Expenses Total of Capital Expenses The Accumulated Depreciation Buildings Accumulated Depreciation Equipment Balance of Final Account (Surplus Deficit Balance of Surplus Deficit on 31/12/2020 Balance of Treasury on 31/12/2020 Total of Liabilities Balance of Commitment Reserve Note: All entries and financial statements for determining the above required item should be provided

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