Why is it necessary to reconcile total fund balances reported on the balance sheet-governmental funds to total net assets reported for governmental activities on the government-wide statement of net assets,and net changes in fund balances in fund balances-total governmental funds to the change in net assets reported for governmental activities on the government-wide statement of activities?

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The Answer of Why is it necessary to reconcile total fund balances reported on the balance sheet-governmental funds to total net assets reported for governmental activities on the government-wide statement of net assets,and net changes in fund balances in fund balances-total governmental funds to the change in net assets reported for governmental activities on the government-wide statement of activities?

Why Is It Necessary to Reconcile Total Fund Balances Reported