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What Would Be the Non-Controlling Interest Amount Appearing on Kho's

question 47

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What would be the non-controlling interest amount appearing on Kho's consolidated statement of financial position on the date of acquisition?

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Definitions:

General Fund

The primary operating fund of a governmental entity used to account for all financial resources except those required to be accounted for in another fund.

Restricted Contribution

Funds given to an entity with specific conditions or purposes attached, limiting their use.

Endowment Contributions

Financial gifts provided to an institution, typically with the stipulation that the principal remains intact while the investment income is used for organizational purposes.

Restricted Fund

Funds that are earmarked for a particular purpose or project by donors or grantors and cannot be freely used for any other expenditures.

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