Question: Question 5 (3 points) Saved For fund financial statements, what account is credited when a piece of equipment is leased on a capital lease? [3

Question 5 (3 points) Saved For fund financial statements, what account

Question 5 (3 points) Saved For fund financial statements, what account is credited when a piece of equipment is leased on a capital lease? [3 points) Encumbrances Lease Obligations Equipment Capital Lease Capital Lease Obligation Encumbrances Long Term Other Financing Sources Capital Lease

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