At the year end, an analysis by the city’s finance department determined the following constraints on resources in the general fund. Prepare the appropriate journal entry in the general fund to reclassify amounts between fund balance –Unassigned and the fund balance accounts corresponding to the constraints shown below.

Fund balance assigned Want this Bal Have
General Govt 55,660 30,560
Fund balance assigned
Culture and recreation 7,500 0
Fund balance committed
Public safety 11,400 15,200
Fund balance committed
Public works 36,790 28,300

Answer rating: 100% (QA)

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