When fund accounting is used, the resources that are for financing the normal or general activities in the
operations of the service organizations are commonly called general or current fund. The receipts or
resources that are to be used in the special activities such as publication of a periodic journal or
construction of a building for the unit are designated as special or current fund. Each fund group or
subdivision calls for a separate set of self-balancing accounts and the recognition of related asset,
liability and fund balances or net assets. When fund accounting is used, the resources that are for
financing the normal or general activities in the operations of the service organizations are commonly
called general or current fund. The receipts or resources that are to be used in the special activities such
as publication of a periodic journal or construction of a building for the unit are designated as special or
current fund. Each fund group or subdivision calls for a separate set of self-balancing accounts and the
recognition of related asset, liability and fund balances or net assets. When fund accounting is used, the
resources that are for financing the normal or general activities in the operations of the service
organizations are commonly called general or current fund. The receipts or resources that are to be used
in the special activities such as publication of a periodic journal or construction of a building for the unit
are designated as special or current fund. Each fund group or subdivision calls for a separate set of selfbalancing accounts and the recognition of related asset, liability and fund balances or net assets. When
fund accounting is used, the resources that are for financing the normal or general activities in the
operations of the service organizations are commonly called general or current fund. The receipts or
resources that are to be used in the special activities such as publication of a periodic journal or
construction of a building for the unit are designated as special or current fund. Each fund group or
subdivision calls for a separate set of self-balancing accounts and the recognition of related asset,
liability and fund balances or net assets.