Question: (Budgetary fund balance) Compute the debit or credit, if any, to be made to the Budgetary fund balance for a county's General Fund under each of the following assumptions:
a. Budgeted revenues and expenditures each are $30,000,000.
b. Budgeted revenues are $30,000,000, and budgeted expenditures are $31,500,000.
c. Budgeted revenues are $33,000,000, and budgeted expenditures are $32,600,000.