Ratification of the United States Constitution by Rhode Island the convention instead set about drafting a new Constitution. Rhode Island was the only state to not participate in its proceedings. By April 1, 1789, the new constitution had entered into force after the required nine states had completed their ratification processes. The First United States Congress had already convened, and the Congress had already passed twelve proposed amendments, but Rhode Island still had not ratified the new Constitution and continued to effectively operate outside the new governmental structure. Opposition was chiefly due to the paper money issued in Rhode Island pounds since 1786 by the governing Country Party, intended
Governmental accounting die Sentrale Owerheid van Suid-Afrika. Universiteit van Pretoria, 1993. (Original full text of the summary.) 4. Donald amcool The governmental accounting system sometimes uses the historic system of fund accounting. A set of separate, self-balancing accounts are responsible for managing resources that are assigned to specific purposes based on regulations and limitations. The governmental accounting system has a different focus for measuring accounting than private sector accounting. Rather than measuring the flow of economic resources, governmental accounting measures the flow of financial resources. Instead of recognizing revenue when they are earned and expenses when they are incurred, revenue is recognized