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A private-purpose trust fund has been set up with a cash contribution of $500,000. What journa entry is needed to account for this transaction? Debit
A private-purpose trust fund has been set up with a cash contribution of $500,000. What journa entry is needed to account for this transaction? Debit Additions - Contributions, Credit Cash for $500,000 Debit Investments, Credit Additions - Contributions for $500,000 Debit Cash, Credit Additions - Contributions for $500,000 Debit Cash, Credit Additions - Investment Earnings for $500,000
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Industrial Relations in Canada
Authors: Fiona McQuarrie
4th Edition
978-1-118-8783, 1118878396, 9781119050599 , 978-1118878392
