Question: D Question 2 A county government borrows $2,000,000 from a local bank at the beginning of 2023, to fund general operations. P.. interest ($25,000 per

D Question 2 A county government borrows
D Question 2 A county government borrows $2,000,000 from a local bank at the beginning of 2023, to fund general operations. P.. interest ($25,000 per year) are both due two years later when the loan is repaid at the end of 2024. The loan is reporte Which statement below is true concerning the general fund? Fund balance decreases by $2,000,000 in 2024. Fund balance is not affected in 2023. Fund balance is reduced by $25,000 in 2023. O Fund balance decreases by $2,050,000 in 2024 Question 3 A county's general fund has $4,000,000 in supplies on hand at the start of 2024. It purchases $ FO

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