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    Essentials of Accounting Study Set 3
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    Exam 8: Government-Wide Statements: Capital Assets; Long-Term Debt
  5. Question
    Capital Assets Acquired Through Proprietary Funds Are Reported in Both
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Capital Assets Acquired Through Proprietary Funds Are Reported in Both

Question 10

Question 10

True/False

Capital assets acquired through proprietary funds are reported in both the Statement of Net Position of those funds and the government-wide Statement of Net Position.

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