Question: If the city projects a $428,000 decrease in the sales tax revenues originally budgeted, how would the change in the projection be recorded? a. Not
If the city projects a $428,000 decrease in the sales tax revenues originally budgeted, how would the change in the projection be recorded?
a. Not recorded because it is a projection and not yet known. b. Estimated Revenue. Budgetary Fund Balance. c. Budgetary Fund Balance.. Estimated Revenue.... d. Revenue. Fund Balance. Debits Credits 428,000 428,000 428,000 428,000 428,000 428,000
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