The general fund has the following budget: $400,000 in estimated revenues, $410,000 in appropriations, $20,000 in estimated other financing sources, and $25,000 in estimated other financing uses. The general funds balance in fund balanceunassigned was $60,000 at the beginning of the year, before the budget entry.

Using the attached T-account template:

a. document the balance in Fund Balance Unassigned

b. prepare the budget entry.