Discuss why Agency Funds do not have a fund balance.
Answer to relevant QuestionsEvery state has a law(s) regulating its own budgetary practices and those of its local governmental units. Check the law(s) of your state to determine the following:1. Are budgets legally required by local governmental ...What is an appropriation?What is a property tax lien?Under what circumstances is Debt service Funds used?What financial statements are prepared for Pension Trust Funds?
Post your question