GAAP Governmental Accounting Basics
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YouTubeWashington State Auditor’s Office
GAAP Governmental Accounting Basics
This video provides a high-level overview of GAAP Governmental accounting basics. It explains the two basis of accounting used in governmental accounting (full accrual and modified accrual). It provides full accrual and modified accrual journal entry examples for common transactions including debt, capital, inventory, and prepaid asset ...
6.3K viewsFeb 7, 2025
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