A Special Revenue Fund Reports Total Assets of $400,000 and Total

Multiple Choice

A special revenue fund reports total assets of $400,000 and total liabilities of $375,000. It reports these fund balance categories: Nonspendable, $12,000, and restricted, $15,000. What other fund balance category is reported?

A) Committed, $(2,000)
B) Assigned, $(2,000)
C) Unassigned, $(2,000)
D) Restricted fund balance is reduced by $2,000.