ACCT 3713 (ACCT3713)

Chapter 5 continues in explaining general funds and special revenue funds. This chapter continues where chapter 4 left off and dives deeper into these two types of accounts.

Chapter 4 talks specifically about general funds and special revenue funds. It also discusses the main journal entries associated with these funds.

This chapter discusses budgetary considerations in governmental accounting. It explains what a budget is and how the different types of budgets affect governmental accounting. We also see the five main types of journal entries associated with budgets.

Chapter 1 introduces governmental entities and discusses the difference between non-profit and governmental entities. It briefly describes the purpose of governmental accounting and the federal laws that dictate it.

Chapter 2 explains fund types and their overall functions in recording government transactions. This chapter consists mostly of concepts and journal entries.