Solved: Discuss accounting for governmental and nonprofit entities, Accounting Basics

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Discuss accounting for governmental and nonprofit entities

Assignment:

Read your Accounting for Governmental and Nonprofit entities (16th or 17th edition) and write a 1,700 word essay that covers the following topics:

-Internal Service funds (definition, reporting, characteristics, and example)

-Enterprise funds (definition, reporting, characteristics, and example)

-what happens when assets are acquired under lease agreements?

-Agency funds (definition, reporting, characteristics, and example)

-Trust funds (definition, reporting, characteristics, and example)

All essays must include an introduction and a conclusion. Do not copy paste text. Make sure to include at least 5 external references with in-text citations. Use APA style.

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Accounting Basics: Discuss accounting for governmental and nonprofit entities

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