A local civic organization gave the city government $15,000 cash to be used to pay the utility

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A local civic organization gave the city government $15,000 cash to be used to pay the utility bills of persons whose incomes were below the poverty level. The city should account for the $15,000 gift in

A. An investment trust fund.

B. The General Fund.

C. A permanent fund.

D. Private-purpose trust fund.

Related Book For answer-question

Marketing

ISBN: 978-1111821647

12th edition

Authors: Charles W. Lamb, Joe F. Hair, Carl McDaniel

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Posted Date: Nov 12, 2018 09:17 AM

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A local civic organization gave the city government $15,000 cash to be used to pay the utility

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