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Business, 04.09.2019 20:30 meth77

Several years ago, a city established a fund to retire general obligation bonds issued for the purpose of constructing a new police station. this year the city made a $50,000 contribution to that fund from its general revenues. the fund also realized $15,000 in revenue from its investments. the bonds due this year were retired. this year's transactions require accounting recognition in which funds?

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