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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
    When Preparing the Government-Wide Statements, an Adjustment Is Required to Eliminate
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When Preparing the Government-Wide Statements, an Adjustment Is Required to Eliminate

Question 145

Question 145

True/False

When preparing the government-wide statements, an adjustment is required to eliminate the charge to expenditures for capital outlay and to record those expenditures as capital assets.

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