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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: A state government receives a grant from the federal government that it disburse
Post by: goji.go on Oct 20, 2014
A state government receives a grant from the federal government that it disburses to local governments within the state. The state government disburses the cash received from the federal government to the local government, but the state government has no other administrative responsibilities regarding the grant. The state government should report the grant in:
      a.   an agency fund
      b.   a special revenue fund
      c.   internal service fund
      d.   the general fund


Title: Re: A state government receives a grant from the federal government that it disburse
Post by: f_zah1 on Oct 23, 2014
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Title: Re: A state government receives a grant from the federal government that it disburse
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: A state government receives a grant from the federal government that it disburse
Post by: f_zah1 on Oct 23, 2014
You're very welcome!