33) The general fund of Caldwell had the following operating budget for the fiscal year beginning July 1, 20X9:

Estimated Revenues	$	5,100,000
Appropriations		4,200,000
Budgeted Transfer In from Debt Service Fund		200,000
Budgeted Transfer Out to Capital Projects Fund		500,000

When the general fund records its operating budget on July 1, 20X9, Budgetary Fund BalanceUnassigned should be

A) credited for $600,000.

B) debited for $900,000.

C) debited for $600,000.

D) credited for $900,000.

Answer: A

Please explain using math steps