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plz solve 38 out of An internal service fund was set up to provide a centralized data processing center to provide services to other government
plz solve 38 out of An internal service fund was set up to provide a centralized data processing center to provide services to other government units. The internal service fund was having surplus funds and these funds were not currently needed in the internal service fund. Therefore, out of available funds, the internal service unit has invested OMR 350,000 in marketable securities. With other available funds, the internal service fund bought land and building worth 180,000. The appropriate journal entry for investment in marketable securities by the internal service fund is. uestion Dr. Non current assets and Cr bank Dr. Cash and Cr: Investment 39 1 Dr Investment and Cobank ecific purpose determined by a legislation of the governments highest decision-making authority is called: -sved out of Dr. Land and building and Cr, bank
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