Explain the reporting requirements for internal service funds and enterprise funds. Internal service funds and enterprise funds

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Explain the reporting requirements for internal service funds and enterprise funds. Internal service funds and enterprise funds are both proprietary funds, so why do their reporting requirements differ?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-0078110931

16th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Question Posted: Jan 11, 2014 09:30 AM

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Explain the reporting requirements for internal service funds and enterprise funds. Internal service funds and enterprise funds

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Internal service funds and enterprise funds are presented in three proprietary fund financial statem...View the full answer

Accounting for Governmental and Nonprofit Entities

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