If Budgetary Fund Balance was debited in the process of recording a budget for the General Fund of a governmental unit, it can be assumed that:

Question

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Estimated Revenue Control and Estimated Other Financing Sources Control would be debited and Appropriations Control and Estimated Other Financing Uses Control would be credited. The Budgetary Fund Balance would be debited or credited as needed. If the Budgetary Fund Balance were debited, then appropriations exceed estimated revenues.

If Budgetary Fund Balance Was Debited in the Process of Recording