Pass-through grants are accounted for Only in Agency Funds. By increasing or decreasing governmental fund...
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Accounting
Pass-through grants are accounted for Only in Agency Funds. By increasing or decreasing governmental fund assets and liabilities to reflect the agency relationshipno revenues are reported in the governmental fund. As revenues and expenditures or expenses in the appropriate fund of the pass-through entity (primary recipient). As other financing sources and other financing uses in the appropriate fund of the pass-through entity (primary recipient).
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