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    Exam 2: Principles of Accounting and Financial Reporting for State and Local Governments
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    Which of the Following Funds Would Record Depreciation of Capital
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Which of the Following Funds Would Record Depreciation of Capital

Question 25

Question 25

Multiple Choice

Which of the following funds would record depreciation of capital assets?


A) Special revenue fund.
B) Permanent fund.
C) Internal service fund.
D) Agency fund.

Correct Answer:

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