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What amount of the foregoing revenues should be accounted

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Reference no: EM132531921

Question - The following revenues were among those reported by Arvida Township in 2016: Net rental revenue (after depreciation) from a parking garage owned by Arvida - $40,000

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

Property taxes - 6,000,000

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

Reference no: EM132531921

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