Compute the debit or credit, if any, to be made to the Budgetary fund balance for a

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Compute the debit or credit, if any, to be made to the Budgetary fund balance for a county’s General Fund under each of the following assumptions:
a. Budgeted revenues and expenditures each are $ 30,000,000.
b. Budgeted revenues are $ 30,000,000, and budgeted expenditures are $ 31,500,000.
c. Budgeted revenues are $ 33,000,000, and budgeted expenditures are $ 32,600,000.

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Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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