What fund would a township report depreciation a. general fund b. special revenue c. capital projects d.internal service?

Rylee Spinka asked a question: What fund would a township report depreciation a. general fund b. special revenue c. capital projects d.internal service?
Asked By: Rylee Spinka
Date created: Mon, Apr 5, 2021 8:13 PM



Those who are looking for an answer to the question «What fund would a township report depreciation a. general fund b. special revenue c. capital projects d.internal service?» often ask the following questions:

💰 What is special revenue fund?

A special revenue fund is an account established by a government to collect money that must be used for a specific project. Special revenue funds provide an extra level of accountability and transparency to taxpayers that their tax dollars will go toward an intended purpose.

💰 Can a capital project fund finance a general fund?

No, as virtually all capital funds have restrictions on their applicability, which is usually for capital projects/assets which are often balance sheet items whereas, a general fund is usually for operations.

💰 Is special revenue fund accrual or modified accrual?


1 other answer

general fund

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