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A state government had revenue from the following activities: I. State-operated lottery $10,000,000 II. State-operated hospital 3,000,000 Which of the above activities should be accounted
A state government had revenue from the following activities:
I. State-operated lottery $10,000,000
II. State-operated hospital 3,000,000
Which of the above activities should be accounted for in an enterprise fund? For each activity, explain your answer.
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