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Business, 25.07.2020 03:01 kate6218

The city of Valley Ridge has a special fund with a total fund balance at year-end of $180,000. State law requires that 80% of the balance be used for public works services. The other 20% of the funds were supplemented by the city and have no restrictions. How should the Fund Balance be reported

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The city of Valley Ridge has a special fund with a total fund balance at year-end of $180,000. State...
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