Why is depreciation recorded as an expense in Internal Service Funds, but not as an expenditure in

Question:

Why is depreciation recorded as an expense in Internal Service Funds, but not as an expenditure in governmental-type funds?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Introduction To Government And Not For Profit Accounting

ISBN: 9780130464149

5th Edition

Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch

Question Posted: