The town of Baker reported the following items on the June 30, 20X9 balance sheet...
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Accounting
The town of Baker reported the following items on the June 30, 20X9 balance sheet of its general fund :
Cash $50,000
Property Taxes Receivable - Delinquent 24,000
Inventory Supplies 10,000
Vouchers Payable 34,000
Due to Internal Service Fund 4,000
Fund Balance - Assigned for Encumbrances 6,000
Fund Balance - Nonspendable ?
Fund Balance - Unassigned ?
At June 30, 20X9, what amount should be reported for the Fund Balance - Unassigned?
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