The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December 31, 2020 1. Beginning balances were: Cash, $99,000; Taxes Receivable, $198,500; Accounts Payable, $56,750; and Fund Balance, $240,750. 2. The budget was passed. Estimated revenues amounted to $1,290,000 and appropriations totaled $1,286,200. All expenditures are classified as General Government. 3. Property taxes were levied in the amount of $945,000. All of the taxes are expected to be collected before February 2018. 4. Cash receipts totaled $915,000 for property taxes and $312,500 from other revenue. 5. Contracts were issued for contracted services in the amount of $105,750. 6. Contracted services were performed relating to $94,500 of the contracts with invoices amounting to $91,700. 7. Other expenditures amounted to $990,500. 8. Accounts payable were paid in the amount of $1,132,500. 9. The books were closed. A.Prepare a journal entries for the above transactions. B. Prepare a statement of Revenues, Expenditures and Changes in Fund Balance for the General Fund, C. Prepare a balance sheet for the General Fund assuming there are no restricted or assigned net resources and outstanding encumbrances are committed by contractual obligation