A Certain Government Passed Its Budget for the Fiscal Year

Multiple Choice

A certain government passed its budget for the fiscal year ended December 31,2012.Estimated Revenues amounted to $13,000,000; Appropriations amounted to $11,900,000; Estimated Other Financing Uses amounted to $700,000; and Estimated Other Financing Sources amounted to $100,000.In the budgetary entry (combining entry) :

A) Budgetary Fund Balance would be credited for $3,200,000.
B) Budgetary Fund Balance would be unchanged.
C) Budgetary Fund Balance would be debited for $3,200,000.
D) Budgetary Fund Balance would be credited for $500,000.