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Business, 04.12.2019 03:31 taliajohnsom9901

Act pattern: ridge township’s governing body adopted its general fund budget for the year ended july 31, year 1, composed of estimated revenues of $100,000 and appropriations of $80,000. ridge formally integrates its budget into the accounting records. to record the $20,000 budgeted excess of estimated revenues over appropriations, ridge should debit budgetary fund balance. credit budgetary fund balance. credit estimated excess revenues control. debit estimated excess revenues control.

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Act pattern: ridge township’s governing body adopted its general fund budget for the year ended jul...
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