Providence, RI approved a General Fund operating budget for the fiscal year ending June 30, 2022. The budget provides for estimated revenues of $3,500,000 as follows Property taxes $2,700,000 Licenses and permits $350,000 Fines and forfeits $250,000 Intergovernmental (state grants) $200,000 The budget approved appropriations of $3.450.000 as follows General Government $1,050,000 Public Safety $1,400,000 Public Works $350,000 Parks and Recreations $150,000 Miscellaneous $500.000 Public Safety $1,400,000 Public Works $350,000 Parks and Recreations $150,000 Miscellaneous $500,000 In the journal entry to record the budget, the Budgetary Fund Balance account would be: O Debited for 50,000 O Budgetary Fund Balance is only used at the Government Wide level O Credited for 50,000 5.pis