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    Essentials of Accounting Study Set 2
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    Exam 7: Fiduciary Trustfunds
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    Assets Held in Trust for Other Governmental Funds or for Purposes
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Assets Held in Trust for Other Governmental Funds or for Purposes

Question 29

Question 29

True/False

Assets held in trust for other governmental funds or for purposes of the governmental unit would be reported as permanent funds if nonexpendable.

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