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A city's General Fund makes a contribution of $800,000 to an Internal Service Fund (ISF) so that the ISF can set up its vehicle service
A city's General Fund makes a contribution of $800,000 to an Internal Service Fund (ISF) so that the ISF can set up its vehicle service garage. How should the ISF report the contribution? O As operating revenue O As a transfer in from General Fund--capital contribution, after operating income but before change in net position O As nonoperating revenue O As a direct addition to fund net position
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