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Oksanka [162]
3 years ago
11

The following financial resources were among those received by Seco City during year 1:_____

Business
1 answer:
Burka [1]3 years ago
8 0

Answer:

A) $0

Explanation:

Seco City will record $0 as special revenue funds during year 1 with respect to the foregoing resources.

The $6,000,000 for acquisition of major capital facilities would be recorded as capital projects fund.

$2,000,000 to create a non-expendable trust would be recorded as private purpose trust fund.

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Explanation:

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