The City of Kent Has Estimated That It Will Spend

The City of Kent has estimated that it will spend $4,500,000 and have revenues of $4,800,000 next year.At the beginning of its new fiscal year,it will need to:

A) debit estimated expenditures for $4,500,000
B) debit estimated revenues for $4,800,000
C) debit budgetary fund balance for $300,000
D) debit appropriations for $4,500,000
E) none of the above.