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.
Three Methods:Preheating an Electric OvenPreheating a Gas OvenPreheating an Oven at a High-AltitudeCommunity Q&A. Before you bake something, your oven needs to be heated to the proper temperature. While it takes only a few seconds to turn on your oven, it can take several minutes for it to reach the right temperature.