Question 23 A city transfers $5 million from the general fund to the capital improvements fund. How would each fund record the transaction? Not yet answered Marked out of 1.00 Flag Question O a Expense for general fund and revenue for the capital projects fund O b. Notes receivable for general fund and notes payable for the capital projects fund Oc. Nonreciprocal transfer-out for general fund and Nonreciprocal transfer-in for the capital projects fund O d. Expenditure for general fund and revenue from other sources for the capital projects fund