In a budgetary entry,if Appropriations Control exceeds Estimated Revenues Control,the excess would be:

Question

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If Appropriations Control exceeds Estimated Revenues Control, it means that there is a shortfall in revenues to cover the authorized expenditures. This shortfall is known as a deficit. The deficit must be funded from other sources, such as the Fund Balance. Since the Fund Balance is a credit balance, it needs to be reduced by a debit entry. Therefore, the excess would be debited to Budgetary Fund Balance.

In a Budgetary Entry,if Appropriations Control Exceeds Estimated Revenues Control,the