Business, 03.03.2020 16:51 kayliebush2709

The Township of Thomasville's General Fund has the following net resources at year end: . $69,000 of prepaid insurance • $410,000 rainy day fund approved by the township governing board with specific conditions for its use • $2,500 of supplies inventory • $49,000 state grant for snow removal • $190,000 contractual obligations for the purchase of equipment • Outstanding encumbrance of $105,000 for the purchase of furniture & fixtures (assume no contractual obligation) • Total Fund Balance is $1,010,500 What would be the total Restricted fund balance? Multiple Choice O $49,000 O $190.000 O $410,000

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The Township of Thomasville's General Fund has the following net resources at year end: . $69,000 of...

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