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FAR STUDY GROUP
CPAnet Forum : FAR STUDY GROUP

Topic: Governmental (

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shahak
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Regular

Joined: 12 Jul 2009
Online Status: Offline
Posts: 115

Posted: 22 May 2010 at 09:42 \| IP Logged

I am confused that, FA and LT liability are not reported in fund account and reported in fund liability, but then why is says that FA are recorded as expenditure and LT liability like other financing sources???

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