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A city's General Fund provides a two - year loan to the Internal Service Fund. To record this transaction the city should record a debit
A city's General Fund provides a twoyear loan to the Internal Service Fund. To record this transaction the city should record a debit to what account in the General Fund?
Advance to the Internal Service Fund.
Transfer to the Internal Service Fund.
Due from the Internal Service Fund.
Advance from the Internal Service Fund.
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