What is the difference between governmental type activities

Assignment Help Accounting Basics

Reference no: EM13604626

What is the difference between governmental type activities and business type activities and can you give some examples of each? Some entities of governments that may be accounted for separately are known as component units. How is a component unit defined and what options are available for reporting it in the government-wide and fund financial statements? Can you give some examples of component units commonly found in local or state governments?

Reference no: EM13604626

Questions Cloud

Heat is transferred from a high temperature object to the : liquid water is contained in an insulated rigid container. an electrical resistance heater is inside the device is

Legal beagals inc is a legal services firm that files : legal beagals inc. is a legal services firm that files incorporation papers for small businesses. they charge 1000 per

Walters company produces 15000 pounds of product a and : walters company produces 15000 pounds of product a and 30000 pounds of product b each week by incurring a joint cost of

Two point charges of equal magnitude are 78 cm apart at : two point charges of equal magnitude are 7.8 cm apart. at the midpoint of the line connecting them their combined

What is the difference between governmental type activities : what is the difference between governmental type activities and business type activities and can you give some examples

Calculate the final equilibrium temperature assuming no : mixing water 1. 460 cm3 of water at 83degc is mixed with 115 cm3 of water at 8degc. calculate the final equilibrium

Ortiz automotive ended december 2009 with accounts : ortiz automotive ended december 2009 with accounts receivable of 20000 and allowance for uncollectible accounts of

Determine the area under the standard normal curve that : determine the area under the standard normal curve that lies to the left of a z1.02 b -0.11 c z -1.58 and d z

On january 1 durkin limited issues 9 20 year bonds payable : on january 1 durkin limited issues 9 20 year bonds payable with a maturity value of 70000. the bonds sell at 97 and pay

User Account

All Pages