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Home Q & A Board Other Fields Homework Help Business Accounting
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goji.go goji.go
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Posts: 5977
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10 years ago
A Private-Purpose Trust Fund has investments totaling $1,500,000. As of the end of the fiscal year, the fair market value of these investments increased by $125,000 from the previous year. The Private-Purpose Trust Fund would
A.   Report revenues of $125,000.
B.   Report additions of $125,000.
C.   Report a transfer of $125,000.
D.   Not report any change until the investments are sold.
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Diesel
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f_zah1f_zah1
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#1
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9 years ago
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