Interest revenues should be accrued at year-end on investments held by a permanent fund.
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Q28: When a government receives a gift that
Q29: Capital project funds exist for the duration
Q30: When bonds are sold to construct a
Q31: Capital assets are not reported in governmental
Q32: Investments of permanent funds should be reported
Q34: Capital outlay expenditures of capital projects funds
Q35: Private-purpose Trust Funds benefit individuals, private organizations,
Q36: Debt service funds are used to account
Q37: If a government issues new debt, and
Q38: Funds whose earnings benefit individuals, private organizations,
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