What is a custodial fund? For what types of transactions is it used to account?

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Government and Not-for-Profit Accounting Concepts and Practices

ISBN: 978-1119495857

8th edition

Authors: Michael H. Granof, Saleha B. Khumawala, Thad D. Calabrese, Daniel L. Smith

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Question Posted: Feb 21, 2020 04:05 AM

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What is a custodial fund? For what types of transactions is it used to account?

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Acustodial fund is used to account for assets held on behalf of other governments funds o...View the full answer

Government and Not-for-Profit Accounting Concepts and Practices

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