Spruce city's finance department recorded the recently adopted general fund budget at the beginning of the current fiscal year. the budget approved estimated revenues of $1,100,000 and appropriations of $1,000,000. which of the following is the correct journal entry to record the budget? a) estimated revenues 1,100,000budgetary fund balance 100,000appropriations 1,000,000b)appropriations 1,100,000budgetary fund balance 100,000estimated revenues 1,000,000c) revenues receivable 1,000,000budgetary deficit 100,000appropriations 1,100,000d) memorandum entry only