Multiple Choice
The general fund of Caldwell had the following operating budget for the fiscal year beginning July 1,20X9:
When the general fund records its operating budget on July 1,20X9,Budgetary Fund Balance-Unassigned should be
A) credited for $600,000.
B) debited for $900,000.
C) debited for $600,000.
D) credited for $900,000.
Correct Answer:
Verified
Correct Answer:
Verified
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