The Charelston city council approved and adopted its budget for fiscal year 2011. The budget for the General Fund contained the following amounts:
Estimated Revenues $900,000
Appropriations 860,000
Authorized transfer to the Debt Service Fund 30,000
When the General Fund budget for fiscal year 2011 is recored, indicate whether each of the following accounts should be debited (D), credited (C), or is not affected (N)
1. Estimated Revenues
2. Budgetary Fund Balance
3. Appropriations
4. Estimated Other Financing Uses
5. Expenditures