$200,000 to be used to fund government operations in the future from the General Fund is an example of an unassigned fund balance.

Question

Quizplus · Accepted Answer

An unassigned fund balance is a portion of a government's fund balance that is not currently restricted or committed for specific purposes. Therefore, $200,000 that is available for future government operations would be considered an unassigned fund balance.

$200,000 to Be Used to Fund Government Operations in the Future