What type of accounting entity primarily deals with private purposes rather than public benefit?

The type of accounting entity that primarily deals with private purposes rather than public benefit is the Private-purpose Trust Fund. This fund is structured specifically to account for resources that are entrusted to the government for the benefit of specific individuals or organizations, rather than for the general public.

In contrast to other fund types, which focus on public services and governmental operations, a Private-purpose Trust Fund manages assets that will ultimately benefit a private party. The resources within this fund are earmarked for specific purposes or recipients, which distinguishes them from general funds used for broader governmental functions or special purposes aimed at public welfare. This setup ensures transparency and accountability in handling these private assets while maintaining the distinct separation from public-purpose funds used in governmental operations.