The City of Aurora increased its revenue budget by $50,000 and the appropriation for the Public Works Department was increased by $100,000. What is the journal entry to record this event in the General Fund? $\begin{array}{lc}
\text { A) Estimated Revenues Control } & 50,000 \
\quad\text { Budgetary Fund Balance } & 50,000 \
\quad \text { Appropriations Control } && {100,000} \
\text { B) Appropriations Control } & 100,000 \
\quad\text { Estimated Revenues Control } & &50,000 \
\quad\text { Budgetary Fund Balance } & &50,000 \
\text { C) Estimated Revenues Control } & 50,000 \
\quad\text { Fund Balance-Unreserved } & 50,000 \
\quad\text { Appropriations Control } && {100,000} \
\text { D) Estimated Revenues Control } & 50,000\
\quad\text { Appropriations Control } && {100,000} \
\end{array}$

Question

Quizplus · Accepted Answer

The correct answer is A because it records the increase in estimated revenues and the increase in appropriations for the Public Works Department.

The City of Aurora Increased Its Revenue Budget by $50,000