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The Village of Beit Safafa recorded the following budgetary journal entry at the beginning of fiscal 2021: Estimated revenue 200000 Appropriations 150000 Budgetary fund balance

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The Village of Beit Safafa recorded the following budgetary journal entry at the beginning of fiscal 2021: Estimated revenue 200000 Appropriations 150000 Budgetary fund balance 50,000 At the end of fiscal 2021, what would be the effect on the ending actual fund balance, assuming the following: # Actual revenues exceed estimated revenues by $5000, and actual expenditures are equal to appropriations Revenues - Expenditures = ($200000 + $5,000) - $150000 = $55,000 decrease. Revenues - Expenditures = ($200000 + $5,000) - $150000 = $55,000 increase. none of the above

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