Question: This is a reasonable representation of the closing basic entries for the budget? Appropriations Control Dr . Budgetary Fund Balance Dr . Estimated Revenue Control

This is a reasonable representation of the closing basic entries for the budget?
Appropriations Control Dr.
Budgetary Fund Balance Dr.
Estimated Revenue Control Cr.
Budgetary Fund Balance - Reserve for Encumbrances Dr.
Encumbrance Control Cr.
Question 4 options:
TrueFalse

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