Landon County reports all capital asset activities used in general government operations in its general fund. The
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Capital assets were acquired for cash, and $150,000 in cash was received from the sale of capital assets during 2013.
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How will the above information be reported in the government-wide and governmental funds financial statements?
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Related Book For
Advanced Accounting
ISBN: 978-1934319307
2nd edition
Authors: Susan S. Hamlen, Ronald J. Huefner, James A. Largay III
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