Answer the following two questions in 1-2 page document.
- Why do some accountants believe that it should offset the year-end inventory balance with a fund balance—non-spendable when no comparable fund balance is required for cash, taxes receivable, or most other assets?
- How should governments report their capital projects and debt service activities in their government-wide statements?
- Submit your responses to the following questions in a 1-2 page document in MS Word. Label each question clearly. Please include computations in a table.
- For written answers, please make sure your responses are grammatically correct and free from spelling errors.
- Follow the CSU-Global Guide to Writing and APA Requirements.
- Review the grading rubric, which can be accessed from the Course Information page. Reach out to your instructor if you have any questions about the assignment.