Question: A computer system has been leased for the state for its logistics operations. The lease has a net present value of $2,500,000.The lease will be
GF - G general Fund
CPF - Capital Projects Fund
DSF - Debt Service Fund
GCA & GLTL - General Capital Asset & General Long Term Liability
Prepare the journal entry
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Prepare the journal entries Under GF General Fund Date Account title explanation Debit Credit ... View full answer
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