Bonieta123 Only
mgsr9m
ch._8_questions_assignment_wk_2.docxQuestions
Complete the following questions in Ch. 8 in in 90 to 175 words each
|
8-1. |
Explain the distinction(s) between agency funds and trust funds. What financial statements are prepared for each?
|
|
8-2. |
Identify the different types of trust funds and explain the purpose of each type.
|
|
8-3. |
Describe the basic activities conducted by a tax agency fund. What are some of the issues that make tax agency fund accounting complex? |
