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10:44 4G Section: D Match Funds with transactions. Choose the letter of the sample transaction in the right-hand column that would most likely be reported
10:44 4G Section: D Match Funds with transactions. Choose the letter of the sample transaction in the right-hand column that would most likely be reported in the fund listed in the left-hand column. (5*1 = 5 Marks) Fund Example 21. Pension Trust a. Assets held in trust to provide retirement benefits for municipal workers. 22. Private-purpose trust b. Costs of a central purchasing and warehouse function. 23. Internal Service c. Gifts in which the principal must be invested and preserved but the investment earnings must be used to provide scholarships to children of police officers who died in the line of duty. 24. Investment Trust d. Assets held for external government participants in the governments investment pool for the purpose of earning investment income. 25. Permanent e. Gifts in which the principal must be invested and preserved but the investment earnings can be used for public purposes. All the Best
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