Question: Question 1 3 0 . 4 pts At the inception of a capital lease agreement for a piece of equipment used in governmental operations. A

Question 13
0.4 pts
At the inception of a capital lease agreement for a piece of equipment used in governmental operations.
A. a liability is incurred and reported in the governmental fund's balance sheet.
B. a liability is incurred and reported in the government-widerinancial statements.
C. an expenditure is recorded in the governmental fund.
D. Both B and C choices are correct.
Question 1 3 0 . 4 pts At the inception of a

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