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During the year, Nathan Township amended their General Fund budget to reflect an

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9 years ago

During the year, Nathan Township amended their General Fund budget to reflect an

During the year, Nathan Township amended their General Fund budget to reflect an increase in appropriations of $50,000 to be funded by an appropriation of existing fund balance. What would the necessary budgetary entry be to reflect this amendment?

      Debit   Credit
A.   Appropriations
   Revenues    $50,000
50,000
B.   Appropriations
   Budgetary Fund Balance   $50,000
50,000
C.   Revenues
   Appropriations   $50,000
50,000
D.   Budgetary Fund Balance
   Appropriations   $50,000
50,000

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Diesel

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goji.go Author

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9 years ago

Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth

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Diesel

f_zah1

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9 years ago

You're very welcome!

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