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Trust Activities and Fund Issues. A concerned citizen provides resources and establishes a trust with the local governmen

Business & Finance /Accounting

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2) Trust Activities and Fund Issues. From Chapter 5 complete Exercise 5-2 and Exercise 5-4 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.

A concerned citizen provides resources and establishes a trust with the local government. What factors should be considered in determining which fund to report the trust activities?

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