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A county adopted a budget calling for estimated revenues of $2,075,000, appropriations of $2,045,000, and estimated other financing sources of $20,000. To fully record the
A county adopted a budget calling for estimated revenues of $2,075,000, appropriations of $2,045,000, and estimated other financing sources of $20,000. To fully record the budget, the county accountant will need to:
a. credit Budgetary fund balance for $10,000
b. debit Other financing uses for $50,000
c. debit Budgetary fund balance for $10,000
d. credit Budgetary fund balance for $50,000
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