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A County General Fund Budget Includes Budgeted Revenues of $900

Question 68

Multiple Choice

A county general fund budget includes budgeted revenues of $900 and budgeted expenditures of $890. Actual revenues for the year were $915. To close the estimated revenues account at the end of the year


A) Debit Estimated revenues $15
B) Credit Estimated revenue $15
C) Debit Estimated revenues $900
D) Credit Estimated revenues $900

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