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Question: On December 30, 2020, the City of


On December 30, 2020, the City of Coyote borrows $20,000 for the general fund on a 60-day note. In that fund, the city records Cash and Other Financing Sources. In the general information, this city reports a $30,000 overall increase in the fund balance of the general fund. What was the correct change in the fund balance of the general fund for 2020?

2.99

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