Explain how the budgetary fund balance account is used. What effect does recording the budget have on

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Explain how the budgetary fund balance account is used. What effect does recording the budget have on the GAAP-based financial statements? How is Budgetary Fund Balance reported in the General Fund Balance Sheet?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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Question Posted: Oct 25, 2014 04:52 AM

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Explain how the budgetary fund balance account is used. What effect does recording the budget have on

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Many governments use a Budgetary Fund Balance accoun...View the full answer

Governmental and Nonprofit Accounting

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