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Required information [The following information applies to the questions displayed below.] The Township of Thomasville's...

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Accounting

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Required information [The following information applies to the questions displayed below.] 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 - $1,800 of supplies inventory - \$60,000 state grant for snow removal - \$150,000 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 Unassigned fund balance? What would be the total Unassigned fund balance? Multiple Choice $235,800 $410,000 $175,800 $214,700

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