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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
Rep: 293 0
9 years ago
The city council appropriates a portion of the government’s current year-end fund balance to eliminate an anticipated budget deficit in next year’s budget. Projected expenditures are anticipated to be greater than expected revenues next year. The appropriated portion of the current year’s fund balance should be reported as:
      a.   unassigned fund balance
      b.   assigned fund balance
      c.   committed fund balance
      d.   restricted fund balance
      e.   nonspendable fund balance
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3 Replies
Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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#1
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Posts: 10774
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9 years ago
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goji.go Author
wrote...
#2
9 years ago
Thanks so much f_zah1.

You were correct Smiling Face with Open Mouth
Diesel
wrote...
#3
9 years ago
You're very welcome!
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