Transactions, Closing Entries, Budgetary Comparison Schedule, and Balance Sheet The July 1, 2022 balance sheet for the general fund of the Town of Hiller, Texas is: Iransactions for the rown during fiscal 2023 were (in thousands): 1. The town councl approved a budget estimating revenues of $50,000 in property taxes and $15,000 in fees and service charges. The budget authorized expenditures of $68,000. 2. Property taxes were accrued. Uncollectible taxes are considered negligible. 3. Taxes of $4,950 were collected from last year, and $4,000 of this year's taxes were collected. Uncollected taxes from last year were written off. The remaining uncollected taxes from this year are expected to be collected within 60 days of fiscal year-end. 4. Expenditures were $66,500, and purchase orders of $1,000 were outstanding at fiscal year-end. 5. Bills of $67,000 were paid in cash. 6. Fees and service charges of $13,500 were collected in cash. a. Prepare the journal entries to record the budget and transactions for fiscal 2023. b. Prepare closing entries for fiscal 2023. c. Compute the unassigned fund balance at June 30, 2023. d. Prepare a budgetary comparison schedule for fiscal 2023. Use the GAAP budgetary basis. - Use negative signs with your answers to indicate an unfavorable varlance. - Use a negative sign with your answers for Change in fund balances to represent a decrease in fund balance, if approprlate. e. Prepare the general fund balance sheet at June 30, 2023