The following transactions relate to the General Fund of the City of Buffalo Falls for the year ended December $31,2020$:

Beginning balances were: Cash, $$93,000$; Taxes Receivable, $$189,500$; Accounts Payable, $$52,250$; and Fund Balance, $$230,250.$

The budget was passed. Estimated revenues amounted to $$1,230,000$ and appropriations totaled $$1,227,400.$ All expenditures are classified as General Government.

Property taxes were levied in the amount of $$915,000.$ All of the taxes are expected to be collected before February $2021.$

Cash receipts totaled $$885,000$ for property taxes and $$297,500$ from other revenue.

Contracts were issued for contracted services in the amount of $$95,250.$

Contracted services were performed relating to $$85,500$ of the contracts with invoices amounting to $$83,900.$

Other expenditures amounted to $$963,500.$

Accounts payable were paid in the amount of $$1,092,500.$

The books were closed.

Required:

a$.$ Prepare 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.