Solved: Why is it necessary to reconcile governmental funds total, Accounting Basics

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Why is it necessary to reconcile governmental funds total

Question - Why is it necessary to reconcile governmental funds total fund balances to government-wide governmental activities net position and governmental funds changes in fund balances to governmental activities changes in net position? How should the reconciliation schedules be presented?

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Accounting Basics: Why is it necessary to reconcile governmental funds total

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Accounting Basics: Why is it necessary to reconcile governmental funds total

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