Chapter 5 - Accounting for other government fund types: Capital projects, debt service, and permanent funds. In this chapter students will be able to: Apply the modified accrual basis of accounting in the recording of typical transactions of capital projects, debt service and permanent funds; prepare the fund-basis financial statements for governmental funds; record capital lease transactions related to governmental operations; classify and identify appropriate fund reporting for trust funds. | Lecture Essentials of accounting for governmental and not-for-profit organizations (12/e) – Chapter 5: Accounting for other government fund types
