Question: List and explain the five fund balance reporting classifications required by the GASB.

List and explain the five fund balance reporting classifications required by the GASB.

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Nonspendable Fund Balance The focus of governmental funds is on financial resources that can be spent to provide services to the government Certain assets of a governmental are not in spendable form T... View full answer

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list and explain the five fund balance reporting classification required by the gasb

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