The GAAP-based statements that are required to be presented for the General Fund are: a. Balance Sheet
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The GAAP-based statements that are required to be presented for the General Fund are:
a. Balance Sheet and Statement of Revenues, Expenditures, and Changes in Fund Balances.
b. Balance Sheet; Statement of Revenues, Expenditures, and Changes in Fund Balances;
and Budget Comparison Statement of Revenues, Expenses, and Changes in Fund Balances.
c. Balance Sheet only.
d. GAAP leave it to management discretion.
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Related Book For
Governmental And Nonprofit Accounting
ISBN: 9781292040080
10th International Edition
Authors: Robert J. Freeman, Craig D. Shoulders, Gregory S. Allison, G. Robert Smith
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