Assignment
With regards to governmental accounting, write a paper that answers the following:
o What is a fund and how is it used?
o How does the balance of a fund represent the available spendable resources of the entity?
o Why are there specialized funds in the different governmental units (e.g., debt service funds, special revenue funds, capital project funds)?
o Describe 3 of these funds in detail, and give examples of how the funds are used.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.