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goji.go goji.go
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Posts: 5977
Rep: 293 0
9 years ago
Which of the following budgetary entries would the town of Geneva make upon adoption of its Special Revenue Fund Budget for the year? Assume the following:

   Estimated Revenues   $6,400,000
   Appropriations   6,080,000

      Debit   Credit
A.   Appropriations
Budgetary Fund Balance
   Estimated Revenues   $6,080,000
320,000   

$6,400,000
B.   Estimated Revenues
   Appropriations
   Budgetary Fund Balance   $6,400,000   
$6,080,000
320,000
C.   Expenditures
Budgetary Fund Balance
   Revenues   $6,080,000
320,000   

$6,400,000
D.   Appropriations
   Estimated Revenues   $6,400,000   
$6,400,000
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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Posts: 10774
Rep: 1064 3
9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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