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Which governmental funds would the following transaction be recorded? A local business donated $750,000 of cash to a city requiring the the $750,000 be kept
Which governmental funds would the following transaction be recorded? "A local business donated $750,000 of cash to a city requiring the the $750,000 be kept in perpetuity, and that the resulting investment income be used solely to pay the principal and interest on the city's general obligation debt
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Financial Accounting And Reporting
Authors: John McKeith, Bill Collins
2nd Edition
0077138368, 978-0077138363
