Use the Following Information to Answer Bellow Questions
a County's $\begin{array} { l l l l } & \text { Legal Budgetary Basis } & & \text { GAAP Budgetary Basis } \\\end{array}$

Use the following information to answer bellow Questions
A county's general fund has $4,000,000 in purchase orders outstanding at the beginning of 2020. The orders are delivered in 2020 and the county pays the suppliers $4,000,000. Expenditures ordered, delivered and paid for in 2020 total $35,000,000. Near the end of 2020, encumbrances for $5,000,000 in purchase orders are recorded. Encumbrances are reported in fund balance-assigned.
-At the end of 2020, to what fund balance account are the $4,000,000 in expenditures related to beginning-of-year encumbrances closed, using each basis of reporting?
$\begin{array} { l l l l } & \text { Legal Budgetary Basis } & & \text { GAAP Budgetary Basis } \\\end{array}$
A) $\begin{array} { l l l l } \text { Fund balance-assigned } & & \text { Fund balance-unassigned } \\\end{array}$
B) $\begin{array} { l l l l } \text { Fund balance-unassigned } & \text { Fund balance-assigned } \\\end{array}$
C) $\begin{array} { l l l l } \text { Fund balance-assigned } & & \text { Fund balance-assigned } \\\end{array}$
D) $\begin{array} { l l l l } \text { Fund balance-unassigned } & \text { Fund balance-unassigned }\end{array}$