Some of a county government’s account balances at November 30, 2016 appear below. The government’s fiscal year ends June 30, 2017.

The assigned fund balance relates entirely to outstanding encumbrances. How much does the government have available to spend for the remainder of fiscal 2017?

a.  \($300,000\)

b. \($325,000\)

c. \($12,325,000\)

d. \($12,825,000\)

Transcribed Image Text:

Cash in bank 100,000 Estimated revenues 20,000,000 Budgetary deficit Revenues 500,000 8,000,000 Expenditures Fund balance-assigned.. 7,600,000 75,000 Fund balance-unassigned. 300,000