Equity in a fiduciary fund is referred to as

Name: Equity in a fiduciary fund is referred to as
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Equity in a fiduciary fund is referred to as net position, which represents the residual interest in the assets of the fund after liabilities are deducted. Fund balance and retained earnings are terms used for equity in governmental and proprietary funds, while contributed capital is a term used for equity in a business entity.

Equity in a Fiduciary Fund Is Referred to as