Relationship between budgetary fund balance and actual fund balance)

The Village of Albert's Alley recorded the following budgetary journal entry at the beginning of fiscal 2013:

• Estimated revenue 5,000,000
• Appropriations 4,950,000
• Budgetary fund balance 50,000

At the end of fiscal 2013, what would be the effect on the ending actual fund balance, assuming the following:

a. Actual revenues are equal to estimated revenues, and actual expenditures are $7,000 less than appropriations.

b. Actual revenues are equal to estimated revenues, and actual expenditures are equal to appropriations.

c. Actual revenues exceed estimated revenues by $4,000, and actual expenditures are equal to appropriations.

d. Actual revenues are $3,000 less than estimated revenues, and actual expenditures are $2,000 less than appropriations.