Many governments use titles such as Billings to Departments and Excess of Net Billings to Departments over

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Many governments use titles such as "Billings to Departments" and "Excess of Net Billings to Departments over Costs" in Internal Service Fund accounting and reporting rather than more familiar titles such as "Sales" and "Operating Income". Why?

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Accounting for Governmental and Nonprofit Entities

ISBN: 978-1259917059

18th edition

Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely

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Question Posted: Mar 05, 2018 10:06 AM

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Many governments use titles such as Billings to Departments and Excess of Net Billings to Departments over

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Fund accounting is an accounting system for recording ...View the full answer

Accounting for Governmental and Nonprofit Entities

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