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Name the fiduciary fund type that would be used to account for the situation below. If a fiduciary fund would not be used for the

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Name the fiduciary fund type that would be used to account for the situation below. If a fiduciary fund would not be used for the situation described, state "none." A. Olivia Jones, a citizen of the Village of Malta, donated $500,000 to the Village with the stipulation that the funds be invested permanently with the earnings being used to acquire upgraded equipment for the Village's police and firefighters

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