The General Fund of the City of X passed a budget, providing for $2,000,000 in anticipated revenues and $1,990,000 in anticipated expenditures. The journal entry(s) to record the budget would result in a:
A. debit to Estimated Revenues Control in the amount of $2,000,000.
B. credit to Appropriations Control in the amount of $1,990,000.
C. credit to Budgetary Fund Balance in the amount of $10,000.
D. all of the choices are correct.
Answer: D
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