Offset the year-end inventory balance with a fund, Accounting Basics

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Offset the year-end inventory balance with a fund

Why do some accountants believe that it should offset the year-end inventory balance with a fund balance-non-spendable when no comparable fund balance is required for cash, taxes receivable, or most other assets?
How should governments report their capital projects and debt service activities in their government-wide statements

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Accounting Basics: Offset the year-end inventory balance with a fund

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Accounting Basics: Offset the year-end inventory balance with a fund

Reference No:- TGS0830840

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