he ledger of the General Fund of the City of New Elisa shows the following balances at the end of its fiscal year. Prepare closing journal entries for these budgetary and financial accounts. Estimated revenues $300,000 Appropriations 305,000 Budgetary fund balance 5,000 Revenues 300,000 Expenditures 285,000 Description Debit Credit Answer Answer Answer Answer Answer Answer Answer Answer Answer To close budgetary accounts. Answer Answer Answer Answer Answer Answer Answer Answer Answer To close financial accounts.