Use the following fact pattern to answer questions 45 through 47: The town of Gatwick Fall, IDs selected trial balance is provided below: Selected Trial Balance: Debit Credit Estimated Revenues $ 200 Appropriations $ 218 Expenditures--2020 170 Expenditures--2019 2 Revenues 208 Estimated Other Financing Sources 90 Other Financing Sources 90 Budgetary Fund Balance 72 Fund Balance--Unassigned 400

45. The closing entry for the budgetary accounts would include a: A. Debit to Revenues, $208. B. Credit to Expenditures2020, $170. C. Credit to Appropriations, $218. D. Debit to Budgetary Fund Balance, $72.

46. The closing entry for all of the temporary accounts (non-budgetary accounts) would include a: A. Credit Estimated Other Financing Sources, $90. B. Debit Expenditures2020, $170. C. Credit Expenditures2019, $2. D. Debit Budgetary Fund Balance, $72.

47. When closing all of the other temporary accounts (non-budgetary accounts), the fund balanceunassigned will be impacted by: A. Debiting Fund balanceUnassigned, $72. B. Debiting Fund balanceUnassigned, $128. C. Crediting Fund balanceUnassigned, $124. D. Crediting Fund balanceUnassigned, $126. 12

48. When monies are transferred from the General Fund to the Capital Projects Fund: A. The General Fund debits Other Financing Sources. B. The Capital Projects Fund debits Cash. C. The General Fund credits Other Financing Uses. D. The Capital Projects Fund credits Other Financing Uses.

49. Which of the following is not correct? A. The General Fund is a governmental fund. B. The Special Revenues Fund is a governmental fund. C. The General Fund uses an economic resources focus. D. The Special Revenues Fund uses modified accrual.

50. Which of the following revenue is not a general revenue: A. Sales taxes. B. Gasoline taxes. C. Miscellaneous revenues. D. Program revenues