Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 16 Aug 2017 My Price 5.00

Hannah County

Hannah County has a total fund balance in the General Fund as of the end of the year of $1,565,000. Assume the following: • The budget officer decided to set aside $405,000 for new road maintenance. The county’s governing board had previously given her this authority. • Unspent restricted drug enforcement grant proceeds of $75,000. • The county’s governing board passed a resolution to use $500,000 for construction of a fleet maintenance facility. In the year-end financial statements, Hannah County would report unassigned fund balance and assigned fund balance, respectively, in the General Fund as A. $1,085,000 unassigned fund balance; $405,000 assigned fund balance. B. $660,000 unassigned fund balance; $905,000 assigned fund balance. C. $585,000 unassigned fund balance; $405,000 assigned fund balance. D. $495,000 unassigned fund balance; $480,000 assigned fund balance

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Maurice Tutor
(5)
Status NEW Posted 16 Aug 2017 09:08 PM My Price 5.00

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