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please answer the following Generally accepted accounting principles require the use of an Investment Trust Fund For governments that have any investment activity. True False

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Generally accepted accounting principles require the use of an Investment Trust Fund For governments that have any investment activity. True False Question 40 (3 points) The Tullahoma School District's Print Shop Internal Service Fund received $25,000 from a state grant to help subsidize the purchase of new printing equipment. The Internal Service Fund will report this contribution as a Transfer in. Capital contribution Nonoperating revenue Direct equity adjustment to restricted net position

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