Complete the following questions in Ch. 8 in in 90 to 175 words each - coursefighter.com

Complete the following questions in Ch. 8 in in 90 to 175 words each – coursefighter.com

Business Finance – coursefighter.com

Complete the following questions in Ch. 8 in in 90 to 175 words each

Questions

8 1.	Explain the distinction(s) between agency funds and trust funds. What financial statements are prepared for each?
8 2.	Identify the different types of trust funds and explain the purpose of each type.
8 3.	Describe the basic activities conducted by a tax agency fund. What are some of the issues that make tax agency fund accounting complex?