Note how each of the following transactions affects
(a) Net assets invested in capital assets, net of related debt,
(b) Restricted net assets, and
(c) Unrestricted net assets. (Record N/A if there is no effect on the net asset section.)
1. The sale of a building for a gain
2. Depreciation of an asset
3. The issuance of capital asset-related debt
4. The payment of capital asset-related debt
5. Property taxes are levied and collected
6. Supplies are purchased and used