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Accounting

When the budget of a governmental unit is adopted and appropriations are more than Estimated Revenues, the difference is :

A) Credited to Budgetary Fund Balance.

B) Debited to Budgetary Fund Balance.

C) Debited to Reserve for Encumbrances.

D) Credited to Reserve for Encumbrances.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9414924

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