Question

Reconciling the Governmental Fund Balance with the Government-Wide Statement of Net Assets
Examine the appendixes in both Chapter 17 and this chapter (specifically the reconciliation between the Governmental Fund Balance Sheet and the Government-wide Statement of Net Assets.
1. What are the top two categories of reconciling differences between the two statements? Is this to be expected? Why or why not?
2. Discuss one of the other reconciling items. Why did the item appear in one, but not the other?



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  • CreatedMarch 16, 2015
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