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Discussion of fund accounting financial reporting

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Question - In terms of governmental accounting, briefly describe each governmental fund; define measurement focus and accounting basis; and discuss the rationale of each fund accounting basis and measurement focus. These funds include General fund, Special revenue funds, Debt service funds, Capital project funds, and Permanent funds. Please include discussion of fund accounting financial reporting, and government-wide financial reporting measurement focus and accounting basis of each governmental fund.

Reference no: EM131584119

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