The City Council Passed a Budget for Its Only Special

The city council passed a budget for its only Special Revenue Fund. The budget included estimated revenues of $400,000 and appropriations of $380,000. What journal entry should be made to record the city's budget for its Special Revenue Fund?
a.
$\begin{array}{lrr}\text { Appropriations } & 380,000 & \\\text { Budgetary fund balance } & 20,000 & \\\text { Estimated revenues } && 400,000\end{array}$

b.
$\begin{array}{lr}\text { Estimated revenues } & 400,000 \\\text { Appropriations } && 380,000 \\\text { Budgetary fund balance } && 20,000\end{array}$

c.
$\begin{array}{lr}\text { Appropriations } & 380,000 \\\text { Unassigned fund balance } & 20,000\\\text { Estimated revenues } &&400,000\end{array}$

d.
$\begin{array}{lr}\text { Estimated revenues } & 400,000 \\\text { Appropriations } && 380,000 \\\text { Unassigned fund balance } && 20,000\end{array}$