month. 1. Record the accrual journal entry. Enter accounts in order of magnitude (largest to smallest amounts), debits first. 2. What other information would need to be captured for external financial reporting? 3. If Sandoval uses the NACUBO functional cost classification, what other considerations would be necessary for external financial reporting? No other considerations would be necessary. 3. If Would need to ensure that FASB requirements for functional expense classification are met Would need to ensure that there were expenses included in all nine NACUBO categories