Based on the following transactions: (a) Prepare the Budgetary Worksheet for the year ended December 31, 2021 (b) Provid

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Based on the following transactions:
(a) Prepare the Budgetary Worksheet for the year ended December 31,
2021
(b) Provide a reconciliation for your worksheet
(c) prepare the closing entries
1. The budget was adopted formally. Estimated
revenues are $10000 and appropriations are estimated to be
$8000
2. Property taxes were levied in the amount of
$4000. It is expected that $400 of this amount will not be
collected.
3. Purchase orders were issued in the amount of
$800.
4. Payroll in the amount of $500 was paid in
cash.
5. One-half of the purchase orders from “C” were
received. The invoice or actual amount due was $400. The remaining
purchase orders will be received at a later date.
it's complete