Can someone summarize some basics about proprietary funds? Just a few basic comments like what they are, what accounting method applies, what are some characteristics of them, why do governments have them?© BrainMass Inc. brainmass.com June 4, 2020, 2:01 am ad1c9bdddf
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Proprietary funds are used to account for the government and its agencies use to account for ...
The expert summarizes some basics about proprietary funds.