ACCOUNTING F/GOV.+NON...(LL)
ACCOUNTING F/GOV.+NON...(LL)
18th Edition
ISBN: 9781266785580
Author: RECK
Publisher: MCG
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Chapter 7, Problem 17.2EP

Which of the following would most likely be accounted for in an internal service fund?

  1. a.      The city pool.
  2. b.      The city’s investments, which are pooled with the county’s and the school district’s investments.
  3. c.       An asphalt plant used to supply the asphalt needed to resurface the city’s streets.
  4. d.      Proceeds from an endowment that are used to maintain the city’s library.
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ACCOUNTING F/GOV.+NON...(LL)

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