Proprietary funds are business-like activities.The accounting equation for a proprietary fund is: Current Assets +Noncurrent Assets = Current Liabilities + Long-Term Liabilities +Net Assets. What are […]
You are in a staff meeting with the city controller andone of your colleagues was quoted as follows: Capital projectsfunds are established by a government to […]
What are some of the factors that should be consideredwhen deciding if a particular undertaking by a government should beaccounted for as an Enterprise Fund or […]
What are some typical sources of financing forgeneral governmental capital projects and where would they bereported in the statement of revenues expenditures and changes infund balance […]