The town of Oneida has three funds in its accounting system: general, library, and recreation. Oneida's new

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The town of Oneida has three funds in its accounting system: general, library, and recreation. Oneida's new town manager, Donna Ward, has questioned the necessity of having three separate governmental funds. Ms. Ward sug- gests combining all the funds into a single general fund. What do you recommend? Explain your answer.

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Accounting Advanced

ISBN: 9780538447553

9th Edition

Authors: Claudia Bienias Gilbertson

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