Which of the Following Accounts Are Used to Display the Difference

question 3

Multiple Choice

Which of the following accounts are used to display the difference between assets and liabilities in a federal agency Balance Sheet?

• A) Unrestricted Net Position, Restricted Net Position, and Net Investment in Capital Assets.
• B) Unassigned, Assigned, Committed, Restricted and Nonspendable fund balance.
• C) Unrestricted, Temporarily Restricted, and Permanently Restricted Net Assets
• D) Unexpended Appropriations and Cumulative Results of Operations

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