ADVANCED ACCOUNTING
ADVANCED ACCOUNTING
12th Edition
ISBN: 9780357671221
Author: FISCHER
Publisher: CENGAGE L
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Chapter 17, Problem 5E
To determine

Introduction: The GASB is the board that provides the guideline to the governmental units about proper accounting of transactions. As per GASB, the accounting for funds of a governmental unit is different from that of private units. To state: Major adjustments required to convert fund financial statement to government-wide financial statement. Also, state the reason for their reconcillation.

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