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26) The best fund in which to account for the interest and dividends from an endowment to purchase library books would be a(n) (4p Agency
26) The best fund in which to account for the interest and dividends from an endowment to purchase library books would be a(n) (4p Agency Fund. Endowment Fund. O Private-Purpose Trust Fund Nonexpendable Trust Fund. 27) If a county collects taxes on behalf of the city and school district, it would record the taxes (4p in the Trust Fund. a Agency Fund. General Fund. Special Revenue Fund. 28) Interfund transactions include all of the following except for: (4pts) interfund non-reciprocal transfers between government funds recorded as interfund transfers appearing after non-operating revenues U one fund's reimbursement of another for supplies paid on its behalf D interfund operating transfers between government funds for services provided and used and recorded as revenues and expenditures/expenses interfund loan transfers classified as Due to/from other Funds
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