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Business, 31.10.2021 03:40 EvoBruh3273

The Town of Hempstead passed its budget for the fiscal year ended December 31, 2021. Estimated revenues amounted to $13,000,000; Appropriatiations amounted to $12,000,000; Estimated Other Financing Uses amounted to $700,000; and Estimated Other Financing Sources amounted to $200,000. In the budgetary entry (combining entry): a. Budgetary Fund Balance would be debited for $500,000. b. Budgetary Fund Balance would be debited for $1,000,000. c. Budgetary Fund Balance would be credited for $1,500,000. d. Budgetary Fund Balance would be credited for $500,000.

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The Town of Hempstead passed its budget for the fiscal year ended December 31, 2021. Estimated reven...
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