governmental accounting, accounting homework help- COURSE FIGHTER |

Business Finance –
governmental accounting, accounting homework help- COURSE FIGHTER |
700 – 900 words
With regards to governmental accounting, write a paper that answers the following:

What is a fund and how is it used?
How does the balance of a fund represent the available spendable resources of the entity?
Why are there specialized funds in the different governmental units (e.g., debt service funds, special revenue funds, capital project funds)?

Describe 3 of these funds in detail, and give examples of how the funds are used.

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