Question

The balance sheet of an enterprise fund reports an asset as “restricted cash and investments” and shows a portion of ‘‘net position’’ as restricted. Provide an example of the types of restrictions to which the assets of a proprietary fund might be subject. Why might the “restricted cash and investments” not be equal to the portion of ‘‘net position’’ that isrestricted?


$1.99
Sales1
Views78
Comments0
  • CreatedAugust 13, 2014
  • Files Included
Post your question
5000