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Internal Service And Enterprise Funds

  1. Complete Exercises 6-2 and 6-3 and post the answers to the discussion board. Do not forget to show all necessary steps and explain how you attained the outcome.
  2. 6-2 What accounting problem arises if an internal service fund is operated at a significant profit?What accounting problem arises if an internal service fund is operated at a significant loss?
  3. 6-3 Why might it be desirable to operate enterprise funds at a profit?
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