The General Fund of the City of X Passed a Budget

Multiple Choice

The General Fund of the City of X passed a budget, providing for $2,000,000 in anticipated revenues and $1,990,000 in anticipated expenditures. The journal entrys to record the budget would result in a:

A) credit to Appropriations Control in the amount of $1,990,000.
B) debit to Estimated Revenues Control in the amount of $2,000,000.
C) credit to Budgetary Fund Balance in the amount of $10,000.
D) all of the above.