The result is that the fund balance you see in the financial statements may not mean what you think it means. Fund Balance Basics. Most simply, fund balance is the difference between assets and liabilities in a governmental fund.
Best Answer: It all depends on the condition of the oven elements and the condition of the other electrical components. As they age, they break down and it takes longer and longer to preheat. I would say, for a new stove, maybe 10 minutes. For an old stove it may be 15 - 20 minutes.
Preheating an oven usually takes about 15-20 minutes. Once the oven is preheated, in goes the food. Look on the top or side of the oven door to see what your model number is. Then you can Google Kenmore oven manual and find the specific manual for operating your oven.