What is a fund? Distinguish between a fund and an appropriation of retained earnings.

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Intermediate Accounting

ISBN: 978-0324300987

10th Edition

Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones

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Question Posted: Mar 12, 2012 03:16 AM

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What is a fund? Distinguish between a fund and an appropriation of retained earnings.

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A fund involves setting aside cash and other assets to accomplish specific o...View the full answer

Intermediate Accounting

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