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    Essentials of Accounting Study Set 2
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    Exam 8: Government-Wide Statements, capital Assets, long-Term Debt
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    In Its Statement of Net Assets,a Government Reported
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In Its Statement of Net Assets,a Government Reported

Question 18

Question 18

Multiple Choice

In its Statement of Net Assets,a government reported:
The government also reported $10 million of net assets were restricted for payment of debt service.The government's unrestricted net assets would be reported as:


A) $5 million.
B) $15 million.
C) $20 million.
D) $25 million.

Correct Answer:

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