Question: c. Prepare and post the closing entries for the General Fund. Outstanding encumbrances at year end are classified as Assigned Fund Balance and all remaining

c. Prepare and post the closing entries for the General Fund.

Outstanding encumbrances at year end are classified as Assigned Fund Balance and

c. Prepare and post the closing entries for the General Fund. Outstanding encumbrances at year end are classified as Assigned Fund Balance and all remaining net resources are classified as Unassigned Fund Balance

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