gsnow0896 gsnow0896
  • 18-11-2014
  • Business
contestada

What are the five types of governmental funds?

Respuesta :

HolmesNWatson
HolmesNWatson HolmesNWatson
  • 18-11-2014
Special Revenue- This is the account for revenue that has been earmarked by Law for a specific purpose.
Debt Service- This is used to pay any principles and interest on any long term debts.
General Fund- This is the account for general operations and activities.
Capital Projects- This is the account that is used for construction, or improvements on fixed assets.
Special Assessments- This is the account that is used for repair on public infrastructure, such as path and alley ways.
Hope this helps 
Answer Link

Otras preguntas

What is the value of Q?
The question is, is human involvement in the natural order going too far?
In feudalism a knight must _____. A. protect serfs from unscrupulous vassals B. pay fiefs to a vassal C. be ready to defend his vassal's territory as part of a
In order to calculate a person's bmi, you need to know the person's
The perimeter of a square is 20 ft. If you increase the length of the square by 2 feet and decrease the width by 1 foot, what is the area, in square feet, of th
Which research method is typically used to examine one participant in depth, usually because the individual's situation/behavior is rare or unusual?
why do I feel so awkward, like my arms and legs do not belong to me any more?
What is the structure of hair?
List 4 root causes of environmental problems.
I need help with one, two, three, four and five