Homework Answers
a.
| Account Titles | Debit | Credit |
| Estimated Revenue Control | $ 11,37,500 | |
| Estimated Other financing Sources - Bond Proceeds | $ 5,80,000 | |
| Appropriation Control | $ 9,47,500 | |
| Appropriation - Other financing uses - Operations transfer out | $ 4,90,000 | |
| Budgetary fund balance | $ 2,80,000 |
b.
| Account Titles | Debit | Credit |
| Appropriation Control | $ 9,47,500 | |
| Appropriation - Other financing uses - Operations transfer out | $ 4,90,000 | |
| Budgetary fund balance | $ 2,80,000 | |
| Estimated Revenue Control | $ 11,37,500 | |
| Estimated Other financing Sources - Bond Proceeds | $ 5,80,000 |
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what would be the budgetary fund balance?
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