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
B
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