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The City of Cowlings General Fund loans $88,000 to its Golf Course Enterprise Fund. The loan must be repaid in five years. Which account in

The City of Cowlings General Fund loans $88,000 to its Golf Course Enterprise Fund. The loan

must be repaid in five years. Which account in the Golf Course Enterprise Fund is credited when

the loan is made?

a. Due to General Fund

b. Advance from General Fund

c. Cash

d. Restricted net position

Please mention why the rest rest of the options are incorrect (very important)

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