What would be the effect on the General Fund Fund Balance at the end of the current fiscal year of recording the purchase of a $15,000 new computer?
A) Reduce the General Fund's Fund Balance $400.
B) Reduce the General Fund's Fund Balance $14,600.
C) Reduce the General Fund's Fund Balance $15,000.
D) Have no effect on the General Fund's Fund Balance.
Correct Answer:
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