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Budgetary accounting sleepy hollows general fund budget for

Question: (Budgetary accounting) Sleepy Hollow's General Fund budget for fiscal 2013 is based on the following estimated revenues and appropriations. Is Sleepy Hollow projecting a budgetary surplus or a deficit for 2013? Prepare the journal entry to record the 2013 budget.

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Accounting Basics: Budgetary accounting sleepy hollows general fund budget for

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