A City adopts its budget for the year:<br/>- Estimated Revenues: $5,000,000<br/>- Appropriations: $4,800,000<br/>- Estimated Other Financing Uses (Transfer Out): $100,000<br/><br/>What is the journal entry to record the adoption of the budget?

DR Estimated Revenues $5M; CR Appropriations $4.8M; CR Est. Other Financing Uses $0.1M; CR Budgetary Fund Balance $0.1M

DR Appropriations $4.8M; DR Est. Other Financing Uses $0.1M; CR Estimated Revenues $5M

DR Estimated Revenues $5M; CR Appropriations $4.9M; CR Budgetary Fund Balance $0.1M

DR Budgetary Fund Balance $0.1M; DR Appropriations $4.8M; CR Estimated Revenues $5M