Loquat County uses a fiscal agent to distribute payments of interest to bondholders. Interest payments are due on July 1 of each year. The fiscal agent requires the county to transfer by June 20 the cash necessary to make the July 1 payments. How should Loquat County account for the amount transferred on June 20 if the county maintains its books and records in a manner that facilitates the preparation of fund financial statements? O Debit Cash with fiscal agent; Debit expenditures; Credit Cash; Credit interest payable. Debit Cash with fiscal agent; Debit interest expense; Credit Cash; Credit interest payable. O Debit Expenditures; Credit Cash. Debit Cash with fiscal agent; Credit Cash