After closing entries,a special revenue fund's Fund Balance account represents the net amount of resources available for appropriation.

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After closing entries, the Fund Balance account of a special revenue fund represents the net amount of resources available for appropriation. This balance includes the revenues earned and the expenditures incurred during the fiscal year, along with any other adjustments made during the year. The fund balance is used to finance future operations and capital expenditures of the special revenue fund.

After Closing Entries,a Special Revenue Fund's Fund Balance Account Represents