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The Trust Fund for a School Library Is Required to Prepare

Question 25

Multiple Choice

The trust fund for a school library is required to prepare financial statements that include


A) Balance Sheet and Income Statement.
B) Statement of Revenues,Expenses and Changes in Fiduciary Net Assets.
C) Statement of Fund Balance and Statement of Changes in Fund Balance.
D) Statement of Fiduciary Net Position and Statement of Changes in Fiduciary Net Position.

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