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Budgetary fund balance for a county general fund

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Question: (Budgetary fund balance) Compute the debit or credit, if any, to be made to the Budgetary fund balance for a county's General Fund under each of the following assumptions:

a. Budgeted revenues and expenditures each are $30,000,000.

b. Budgeted revenues are $30,000,000, and budgeted expenditures are $31,500,000.

c. Budgeted revenues are $33,000,000, and budgeted expenditures are $32,600,000.

Reference no: EM131701496

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