Outstanding bonds were issued to acquire capital assets and restricted assets total $ 6 4 2 0

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Outstanding bonds were issued to acquire capital assets and restricted assets total $

642000

for government activities and $

220000

for business type activities. how do you adjust the net investments to capital assets to find net position

Related Book For answer-question

Essentials of Accounting for Governmental and Not for Profit Organizations

ISBN: 978-1259741012

13th edition

Authors: Paul A. Copley

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Posted Date: Mar 30, 2024 01:10 PM

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Outstanding bonds were issued to acquire capital assets and restricted assets total $ 6 4 2 0

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Expert Answer:

To adjust the net investment in capital assets to find net position you would typically subtract the ... View the full answer

Essentials of Accounting for Governmental and Not for Profit Organizations

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