After closing entries, the Unreserved Fund Balance account represents the net amount of resources available for appropriation

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After closing entries, the Unreserved Fund Balance account shows the net amount of resources available for appropriation. This is because all revenues, expenses, gains, and losses have been closed to their respective accounts, and the Unreserved Fund Balance remains as the residual equity account that represents the difference between assets and liabilities. Therefore, it reflects the available resources that can be used for future expenditures or other purposes.

After Closing Entries, the Unreserved Fund Balance Account Represents the Net