Question: A donor contributed $ 5 0 0 , 0 0 0 to the city requiring that the money be invested and that the earnings from

A donor contributed $

500, 000

to the city requiring that the money be invested and that the earnings from the investments be used for maintenance of the band shell in the city's park. The $

500, 000

would most appropriately be recorded in a

(

)

801

29

25

PrintMultiple ChoiceEndowment fund.Private

-

purpose trust fund.Permanent fund.Custodial fund.

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