Which of the Following Activities Would Most Appropriately Be Recorded

Multiple Choice

Which of the following activities would most appropriately be recorded by a trust fund?

A) Donations collected for improvements to the public library.
B) Deposits held for customers of a municipal-owned electric utility.
C) Assets held for investment, the earnings from which are used for maintenance of the City Cemetery.
D) Assets held for college scholarships to be awarded to the children of police officers.