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Some of a county governments account balances at November 30, 2016 appear below. The governments fiscal year ends June 30, 2017. Cash in bank $80,000
Some of a county governments account balances at November 30, 2016 appear below. The governments fiscal year ends June 30, 2017.
Cash in bank | $80,000 |
Estimated revenues | 18,000,000 |
Budgetary deficit | 400,000 |
Revenues | 7,000,000 |
Expenditures | 6,500,000 |
Fund balanced-assigned | 65,000 |
Fund balanced-unassigned | 250,000 |
The assigned fund balance relates entirely to outstanding encumbrances. How much does the government have available to spend for the remainder of fiscal 2017?
$ 250,000
$ 255,000
$11,435,000
$11,835,000
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