6. Why do some transactions require an entry in a fund and another in an account group? What impact would there be if a journal entry were made only in the fund or only in the account group? 7....

6. Why do some transactions require an entry in a fund and another in an account group? What impact would there be if a journal entry were made only in the fund or only in the account group?

7. (Appendix) What is the source of the 13 basic governmental accounting principles, and what benefit is there to studying these principles?