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The Suwannee County general fund balance sheet on June 30, 2020, the close of its fiscal year, was as follows: Vouchers Payable $ 310,000 Inventory
The Suwannee County general fund balance sheet on June 30, 2020, the close of its fiscal year, was as follows:
Vouchers Payable | $ | 310,000 | |
Inventory of Supplies | 30,000 | ||
Fund BalanceAssigned for Encumbrances | 50,000 | ||
Fund BalanceNonspendable | 30,000 | ||
Total Assets | 516,000 | ||
On June 30, 2020, what was Suwannee's unassigned fund balance in its general fund?
Multiple Choice
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$96,000
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$126,000
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$176,000
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$206,000
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