Neither the capital assets acquired through a Capital Projects Fund nor the long-term debt issued to finance

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Neither the capital assets acquired through a Capital Projects Fund nor the long-term debt issued to finance capital projects is normally accounted for in the CPF. Why? Where are such capital assets and long-term debt accounted for, and are there exceptions to this general rule?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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