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, $107000; Taxes Recelvable, $210,500; Accounts Payable, $62,750, and Fund Balance, $254,750. 2. The budget was passed. Estimated revemues amounted to $1,370,000 and appropriations totaled $1,364,600. Al expenditures are classtfied as General Government 3. Property taxes were levied in the amount of $985,000. All of the taxes are expected to be collected before February 2021 4. Cash recelpts fotaled $955,000 for property taxes and $332,500 from other revenue. 5. Contracts were issued for contracted services in the amount of $119,750 6. Contracted services were peformed relating to $106,500 of the contracts with irivoices amounting to $102100. 7. Other expenditures amounted to $1,026,500 8. Accounts payable were paid in the amount of $1,187000, 9. The books were closed Required: n. Prepare joumal entries for the above transactions. b. Prepate joumar entries tor the above tansactions. Crepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the Generat Fund. c. Pepare a Balance Sheet for the General Fund ossuming there are no restricted of assigned net resources and oustanding encumbrances are committed by contractual obligation. Complete this question by entering your answers in the tabs below. Prepare journal entries for the above transactions. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) Prepare a Statement of Revenues, Expenditures, and Changes in Fund Balance for the General