ABC City had beginning balances of: Cash $38,000 Unassigned fund balance $38,000 The journal entry to record a budget with estimated revenues of $600,000 and authorized appropriations of $580,000 would be: O a Debit Cash $600,000 Credit Appropriations $580,000 Credit Budgetary fund balance $ 20,000 b. Debit Estimated revenues $580,000 Debit Budgetary fund balance $ 20,000 Credit Appropriations $600,000 c. Debit Appropriations $580,000 Debit Budgetary fund balance $ 20,000 Credit Estimated revenues $600,000 d. Debit Estimated revenues $600,000 Credit Appropriations $580,000 Credit Budgetary fund balance $ 20,000