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A city received a grant of $5,000,000 from a private agency. The money was to be used to build a new city library. Which fund

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A city received a grant of $5,000,000 from a private agency. The money was to be used to build a new city library. Which fund should the money be recorded for the governmental fund financial statements? a. An Expendable Trust Fund. O b. The General Fund. c. A Special Revenues Fund. d. A Capital Projects Fund

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