Question: For questions 3-7, based on the information provided below, determine which bulleted item(s) is/(are) reported in the fund balance category listed in each transaction: The

For questions 3-7, based on the information provided below, determine which bulleted item(s) is/(are) reported in the fund balance category listed in each transaction: The City of Sunnyville's General Fund has the following net resources at year end: $55,000 for LT Advance to an internal service fund $375,000 approved by the City Council with specific conditions for its use $2,500 of supplies inventory $60,000 state grant for snow removal $150,000 City Council resolution approved for funds to renovate city hall $400,000 to be used to fund government operations in the future Outstanding encumbrances of $80,000 for the purchase of furniture & fixtures Question 3 What would be the total "Non-spendable" fund balance? Question 3Select one: a. $2,500 b. $57,500 c. $75,000 d. $105,000 Question 4 t What would be the total "Restricted" Fund balance? Question 4Select one: a. $275,000 b. $210,000 c. $150,000 d. $60,000 Question 5 What would be the total "Committed" fund balance? Question 5Select one: a. $375,000 b. $290,000 c. $525,000 d. $455,000 Question 6 What would be the total "Assigned" fund balance? Question 6Select one: a. $105,000 b. $455,000 c. $67,500 d. $80,000

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