How would you compare the accounting for an enterprise funds with those of a for-profit business? How would you compare the accounting for the business-type activities in an enterprise fund with accounting for those activities in a governmental fund? Summarize the reasons both for and against accounting for business-type activities in enterprise funds and governmental funds.
2 answers
The subject goes here so an expert in that area can help; otherwise many questions with nonsense titles go unnoticed.
How do you compare the accounting for enterprise funds with that of (a) businesses and (b) governmental funds? Summarize the reasons both for and against accounting for enterprise funds differently than governmental funds.