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

D: Moderate; LO5)