Which fund balance category is affected by having inventory and prepaid items at year-end? a. Assigned fund
Question:
Which fund balance category is affected by having inventory and prepaid items at year-end?
a. Assigned fund balance.
b. Committed fund balance
c. Nonspendable fund balance
d. Restricted fund balance
e. Unassigned fund balance
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c Nonspendable fund balance In governmental accounting fund balances are classified into different c...View the full answer
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Related Book For
Governmental And Nonprofit Accounting Theory And Practice
ISBN: 9780132552721
9th Edition
Authors: Robert J Freeman, Craig D Shoulders, Gregory S Allison, Terry K Patton, Robert Smith,
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