Which statement best applies to an organization's restricted fund(s)? Restricted funds are created when you acquire physical capital assets that the company owns Restricted funds are usually found in both cash flow statements and income statements A restricted fund is a reserve account that contains money that can only be used for special projects and capital assets improvement A restricted fund is a reserve account that contains money that can only be used for specific purposes

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The statement that best applies to an organizations restricted funds is A restricted fund is a reser... View the full answer