Question : 103. Siler City receives a trust donation for the purpose : 1255448
103. Siler City receives a trust donation for the purpose of maintaining flower beds in city parks, but the donor does not specify that the principal must be maintained. This type of trust would be most appropriately accounted for in a: A)Permanent Fund. B)Special Revenue Fund. C)Private Purpose Trust Fund. D)General Fund. 104. Proceeds of tax supported bonds are recognized in a capital projects […]