On December 30, 2010, the City of Coyote borrowed $20,000 for the General Fund on a 60-day

Question:

On December 30, 2010, the City of Coyote borrowed $20,000 for the General Fund on a 60-day note. In that fund, both Cash and Other Financing Sources were recorded. In the general information, a $30,000 overall increase was reported in the General Fund balance. What was the correct change in the General Fund's balance for 2010?