0
What are some similarities and differences between a general fund and a special revenue fund?
Wiki User
∙ 11y ago
The General Fund and Special Revenue Funds generally perform the same types of operating services. They are both governmental type funds and therefore use the same measurement focus and basis of accounting to account for and report on their activities. They differ in that the General fund accounts for revenues and other financing sources raised to provide for all day-to-day-operating activities, whereas Special Revenue Funds are used to account for a specific revenue source that must be used only to finance a specified activity
Wiki User
∙ 11y ago
Add your answer:
Earn +20 pts
What are some similarities and differences between a general fund and special revenue fund?
The General Fund and Special Revenue Funds generally perform the same types of operating services. They are both governmental type funds and therefore use the same measurement focus and basis of accounting to account for and report on their activities. They differ in that the General fund accounts for revenues and other financing sources raised to provide for all day-to-day-operating activities, whereas Special Revenue Funds are used to account for a specific revenue source that must be used only to finance a specified activity
What is the Difference between a general obligation bond and revenue bond?
General Obligation bonds are secured by "taxes" primarily, whereas revenue bonds are secured by the "income" from the issuer of that particular bond.
What are the differences between ordinary revenue and capital contributions in an enterprise fund?
Hi email me your question at mr.jayantkumar@gmail.com and I will answer your questions.
Definition of incremental revenue?
Incremental Revenue is the increase of revenue between a new revenue and a previous revenue, thus the formula: Incremental Revenue = New Revenue - Previous Revenue
What is net Interest?
Net Interest refers to the revenue that is got from the difference between cost of servicing liabilities and the revenue generated by assets that bear interest. This considered to be an excess revenue.
What are some similarities and differences between a general fund and special revenue fund?
The General Fund and Special Revenue Funds generally perform the same types of operating services. They are both governmental type funds and therefore use the same measurement focus and basis of accounting to account for and report on their activities. They differ in that the General fund accounts for revenues and other financing sources raised to provide for all day-to-day-operating activities, whereas Special Revenue Funds are used to account for a specific revenue source that must be used only to finance a specified activity
What is the Difference between a general obligation bond and revenue bond?
General Obligation bonds are secured by "taxes" primarily, whereas revenue bonds are secured by the "income" from the issuer of that particular bond.
What are major accounting differences between nonprofit and for-profit organizations?
Tax exemption, restrictions on funds, and sources of revenue.
When was General Revenue Corporation created?
General Revenue Corporation was created in 1981.
What is General Revenue Corporation's population?
The population of General Revenue Corporation is 1,300.
What are the differences between ordinary revenue and capital contributions in an enterprise fund?
Hi email me your question at mr.jayantkumar@gmail.com and I will answer your questions.
Definition of incremental revenue?
Incremental Revenue is the increase of revenue between a new revenue and a previous revenue, thus the formula: Incremental Revenue = New Revenue - Previous Revenue
What is the difference between a revenue center and a support center?
what is the difference between revenue center and suport center
What is between revenue and expenditure?
revenue is income and expenditure is an expense
What is the difference between Cost of revenue and revenue?
m mnmk
What are the examples of revenue reserves?
Revenue reserve is created out of revenue Profit . It is created out of Revenue Profit for exaple General Reserve, Dividend equalization reserve, Investment fluctuation reserve etc.
How do you calculate marginal revenue cost by math and graphically and marginal in general?
Profit=Total revenue - Total cost
