Business, 03.12.2019 23:31, kell22wolf

Roy city received a gift, the principal of which is to be invested in perpetuity with the income to be used to support the local library. in which fund should this gift be recorded?

a. permanent fund
b. investment trusts fund
c. private-purpose trusts fund
d. special revenue fund

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Roy city received a gift, the principal of which is to be invested in perpetuity with the income to...