Governmental General Funds Account

A Governmental General Funds Account is a governmental funds account for general operations and activities not requiring the use of other funds.

• Context:
  • It can be composed of a Bookkeeping Sub-Sub-Sub-Sub-Account, such as a ...
• Example(s):
  • …
• Counter-Example(s):
  • Governmental Special Revenue Funds.
  • Governmental Capital Projects Funds.
  • Governmental Debt Service Funds.
  • Governmental Permanent Funds Account.
  • Governmental Activities Funds.
  • Governmental Utility Billing Funds.
• See: Funds Account.

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References

2016

• (Wikipedia, 2016) ⇒ http://en.wikipedia.org/wiki/fund_accounting#State_and_local_government_funds Retrieved:2016-1-7.
  • General fund. This fund is used to account for general operations and activities not requiring the use of other funds.

2007

• http://www.gasb.org/cs/ContentServer?pagename=GASB/GASBContent_C/UsersArticlePage&cid=1176156735732
  • QUOTE: The general fund is a government's basic operating fund and accounts for everything not accounted for in another fund.

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