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In a Town's General Fund Operating Budget for the Year,the

Question 57

Multiple Choice

In a town's general fund operating budget for the year,the amount of its estimated revenues exceeded the amount of its appropriations.This excess should be:


A) credited to Budgetary Fund Balance-Unassigned.
B) debited to Budgetary Fund Balance-Unassigned.
C) credited to Fund Balance-Unassigned.
D) debited to Fund Balance-Unassigned.

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