In the information for the Supplies Fund that follows,the account "Interfund Transfer In from General Fund" should be credited for $89,200 because this amount was transferred from the General Fund to the Supplies Fund in a nonexchange transfer that will not have to be repaid.

Question

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"Interfund Transfer In" is a temporary account that will be closed to Net Assets-Unrestricted at year-end.

In the Information for the Supplies Fund That Follows,the Account