Question: Fund accounting 1. Explain the principles and methods used for fund accounting 2. How does government entities use fund accounting 3. How does nonprofit entities

Fund accounting

1. Explain the principles and methods used for fund accounting

2. How does government entities use fund accounting

3. How does nonprofit entities use fund accounting

4. Describe two fund accounting rule for each of the following:

A. Government entities

B. Nonprofit entities

C. Partnerships

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