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Contrast the purpose of Private-purpose Trust Funds and Permanent Funds. What are the four types of fiduciary funds and the function of each? In its

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Contrast the purpose of Private-purpose Trust Funds and Permanent Funds. What are the four types of fiduciary funds and the function of each? In its Statement of Net Position, a government reported assets of $110 million, including $30 million in capital assets (net), and liabilities of $40 million, including long-term debt of $10 million, all related to capital asset acquisition The government also reported $15 million of net assets were restricted for payment of debt service. The government's Unrestricted Net Position would be reported as Muuple Choice $25 million $45 million $35 min $30 million

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