Differentiate between various funds (i.e., general special revenue, restricted, unrestricted, etc.) used in governmental and not-for-profit accounting discuss when the government and nonprofit organizations would use each of the following funds:
Capital projects fund
Debt service fund
Special revenue fund
Go to the comprehensive annual financial report (CAFR) for your state or local government, and find specific examples for the most current year in which each of these funds were used.