The Charleston city council approved and adopted its budget for FY 2011.The budget for the General Fund contained the following amounts: When the General Fund budget for FY 2011 is recorded,indicate whether each of the following accounts should be debited (D),credited (C),or is not affected (N).
_____ 1.Estimated revenues
_____ 2.Budgetary Fund balance
_____ 3.Appropriations
_____ 4.Estimated other financing uses
_____ 5.Expenditures

Question

The Charleston city council approved and adopted its budget for FY 2011.The budget for the General Fund contained the following amounts:  When the General Fund budget for FY 2011 is recorded,indicate whether each of the following accounts should be debited (D),credited (C),or is not affected (N).
_____ 1.Estimated revenues
_____ 2.Budgetary Fund balance
_____ 3.Appropriations
_____ 4.Estimated other financing uses
_____ 5.Expenditures

Quizplus · Accepted Answer

The Answer of The Charleston city council approved and adopted its budget for FY 2011.The budget for the General Fund contained the following amounts:  When the General Fund budget for FY 2011 is recorded,indicate whether each of the following accounts should be debited (D),credited (C),or is not affected (N).
_____ 1.Estimated revenues
_____ 2.Budgetary Fund balance
_____ 3.Appropriations
_____ 4.Estimated other financing uses
_____ 5.Expenditures

The Charleston City Council Approved and Adopted Its Budget for FY