What is the appropriate entry in the general fund to record

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Reference no: EM133931751

Problem

Habanero School District receives a donation of ten computers from Computer Hut, a local computer firm. The cost to Computer Hut of each computer is $2,500. The retail value of each computer is $3,000. Get the instant assignment help. Assuming that the district maintains its books and records in a manner that facilitates the preparation of the fund financial statements, what is the appropriate entry in the general fund to record this donation?

Reference no: EM133931751

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