Question: 13-5. How does one decide what entities to include in the governments BFS? 13-6. What bases of accounting are used in the BFS? 13-7. Will

13-5. How does one decide what entities to include in the governments BFS?

13-6. What bases of accounting are used in the BFS?

13-7. Will long-term assets appear on the governmental funds balance sheet? Why?

"Chapter 13 Unique Aspects of Accounting for State and Local Governments Part II: Reporting Financial Results"

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