01 Jul ACC 460 Accounting for Government and Non-Profit Entities Discussion
Question Description
Each should be answered in a min of 50 words
Accounting for Government and Non-Profit Entities, Ch. 9
Interfund Transfers
(MARTIN GINSBURG)
using a government entity,
identify where an interfund transfer has occurred?
Explain which funds were involved in the transfer.
Why would a government entity transfer money from one fund to another?
How are the interfund transfers reported on a financial report?
Government-Wide Statements
(MARTIN GINSBURG)
using a government entity,
identify where the government-wide statements have been presented using the fund statements.
What is a governmental reporting entity?
Accounting for Government and Non-Profit Entities, Ch. 10
Revenue Sources
MARTIN GINSBURG
using a government entity you are interested in,
What are some examples of that government’s source of revenue?
How are these sources accounted for?
In regards to GASB guidelines, what is the revenue recognition criteria used in government entities and how would it be used in this government entity?
Tags: accounting Accounting for Government and Non-Profit Entities acc 460 acc 460 Interfund Transfers
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