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    Advanced Financial Accounting Study Set 2
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    Exam 17: Governmental Entities: Introduction and General Fund Accounting
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    The Town of Baker Reported the Following Items on the June
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The Town of Baker Reported the Following Items on the June

Question 41

Question 41

Multiple Choice

The Town of Baker reported the following items on the June 30,20X9,balance sheet of its general fund:
The Town of Baker reported the following items on the June 30,20X9,balance sheet of its general fund:   At June 30,20X9,what amount should be reported for Fund Balance-Unassigned? A)  $46,000 B)  $40,000 C)  $30,000 D)  $16,000
At June 30,20X9,what amount should be reported for Fund Balance-Unassigned?


A) $46,000
B) $40,000
C) $30,000
D) $16,000

Correct Answer:

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