question archive Assignment (1) First Complete the following concepts and sentences: 1) The suitable definition for Governmental Accounting i
Subject:EconomicsPrice: Bought3
Assignment (1) First Complete the following concepts and sentences: 1) The suitable definition for Governmental Accounting i... (2) The main differences between Governmental & Financial Accounting we.. 61 The objective of the Governmental Accounting it. (4) Financial Accounting uses the double entry system in recording financial transactions in the journal record & Governmental Accounting we (5) Financial Accounting applies each of the cash and actual basses and sometimes the production base according to the entry nature, but Governmental Accounting applies - (6) Regarding the depreciation calculation, in Financial Accounting there are many methods as Straight line declining balance and retion methods but Government Accounting (7) Entities applying Financial Accounting calculate different types of provisions and consider reserves while Govermental entities Second: Clarify briefly what is meant by this paragraph "There are three main dassifications to treat the governmental entity's expenditures and revenues object classification governmental entity classification & Sunction or program diction