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Compare modified accrual to accrual accounting basis with regard to encumbrance accounting 23. How expenditures, encumbrances, and transfers affect fund balance

Compare modified accrual to accrual accounting basis with regard to encumbrance accounting 23. How expenditures, encumbrances, and transfers affect fund balance

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A funds basis of accounting refers to when revenues expenditures expenses and transfers and therefore the related assets and liabilities are recognized within the accounts and reported within the fina... blur-text-image

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