The Following Information Pertains to the Richardson County General Fund

question 19

Multiple Choice

The following information pertains to the Richardson County General Fund:
$\begin{array}{lr}\text { Expenditures } & \$ 12,800 \\\text { Revenues } & 9,200 \\\text { Long-term bond issue proceeds } & 1,000 \\\text { Short-term note principal retirements } & 250 \\\text { Operating transfers to other funds } & 75\end{array}$
The change in fund balance for Richardson County's General Fund for the year is a

• A) $2,600 decrease.
• B) $2,675 decrease.
• C) $2,925 decrease.
• D) $3,600 decrease.