Governmental-type funds

1- How do you convert from the Current Financial Resources Measurement Focus used in governmental-type funds to the Economic Resources Measurement Focus used in government-wide statements? 2- How do you convert from the Modified Accrual Basis of Accounting used in governmental-type funds to the Accrual Basis of Accounting used in government-wide statements? 3- What types of transactions must you eliminate in order to correctly state government-wide statements?

This question has been answered.

Get Answer