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goji.go goji.go
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Posts: 5977
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9 years ago
The local school board received a donation of $1,000,000 to establish a scholarship fund for graduating students. The scholarship is accounted for in a Private-Purpose Trust Fund. The fund would report
A.   Additions of $1,000,000.
B.   Revenues of $1,000,000.
C.   A transfer of $1,000,000.
D.   Capital contributions of $1,000,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
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Posts: 10774
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9 years ago
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