Presented below is the preclosing trial balance for the Scholarship Fund, a private-purpose trust…

Presented below is the preclosing trial balance for the Scholarship Fund, a private-purpose trust fund, of the Algonquin School District.Prepare the year-end closing entries and a Statement of Changes in Fiduciary Net Assets for the year ended December 31,2012.
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Presented below is the preclosing trial balance for the Scholars

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