Define the general fund and proprietary fund

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Reference no: EM131317706

1. Do not-for-profit organizations, other than governments, use fund accounting? Comment.

2. The accounting for governments is centered on the entity concept and the efficiency of the entity. Comment

3. For governmental accounting, define the following types of funds:

1. General fund

2. Proprietary fund

3. Fiduciary fund.

Reference no: EM131317706

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