The following information was obtained from the general fund balance sheet of Lima Village on June 30, 20X9, the close of its fiscal year: Vouchers Payable$220,000 Inventory of Supplies 10,000 Fund Balance-Assigned for Encumbrances 40,000 Fund Balance-Nonspendable 10,000 Total Assets 304,000 On June 30, 20X9, what was Lima's unassigned fund balance in its general fund?
A. $34,000
B. $24,000
C. $84,000
D. $44,000
Answer: A
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