Solution-What amount of the foregoing items should be

What amount of the foregoing items should be accounted

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Reference no: EM132684177

Problem - The following revenues were among those reported by Ariba Township in the current year:

Net rental revenue (after depreciation) from a parking garage owned by Ariba $40,000

Interest earned on investments held for employees' retirement benefits 100,000

Property taxes 6,000,000

Required - What amount of the foregoing items should be accounted for in Ariba's governmental funds?

a. $6,000,000

b. $6,140,000

c. $6,040,000

d. $6,100,000

Reference no: EM132684177

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What amount of the foregoing items should be accounted

Reference no: EM132684177

Reference no: EM132684177

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