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 $380,000 and appropriations of $410,000. The budget was recorded in the general ledger at the beginning of the year and no amendments to the budget occurred during the year. What journal entry should be made to close the city's budgetary accounts for its Special Revenue Fund at its fiscal year-end?
a.
$\begin{array}{lr}\text { Appropriations } & 410,000 \\\text { Estimated revenues } && 380,000 \\\text { Budgetary fund balance } && 30,000\end{array}$

b.
$\begin{array}{lrl}\text { Estimated revenues } & 380,000 & \\\text { Budgetary fund balance } & 30,000 & \\\text { Appropriations } & & 410,000\end{array}$

c.
$\begin{array}{lr}\text { Appropriations } & 410,000 \\\text { Estimated revenues } && 380,000 \\\text { Unassigned fund balance } && 30,000\end{array}$

d.
$\begin{array}{lrl}\text { Estimated revenues } & 380,000 & \\\text { Unassigned fund balance } & 30,000 & \\\text { Appropriations } & & 410,000\end{array}$