Business, 26.08.2019 16:30 camiloriveraveoxbgd6

The governmental funds of the city of westchester report $445,000 in assets and $140,000 in liabilities. the following are some of the assets reported by this government.•prepaid items—$7,000•cash from a bond issuance that must be spent within the school system according to the indenture—$80,000• supplies—$5,000•investments given by a citizen that will be sold with the proceeds used to beautify a public park—$33,000•cash that the assistant director of finance has designated for use in upgrading the local roads—$40,000•cash from a state grant that must be spent to supplement the pay of local kindergarten teachers—$53,000•cash that the city council (the highest level of authority in the government) has voted to use to renovate a school gymnasium—$62,000on a balance sheet for the governmental funds, what fund balance amounts will be reported by the city of westchester?

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The governmental funds of the city of westchester report $445,000 in assets and $140,000 in liabilit...