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Riviera Township Reported the Following Data for Its Governmental Activities

question 41

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Riviera Township reported the following data for its governmental activities for the year ended June 30,20X9:
Riviera Township reported the following data for its governmental activities for the year ended June 30,20X9:    Additional information available is as follows: All of the long-term debt was used to acquire capital assets.Cash of $475,000 is restricted for debt service. -Based on the preceding information,on the statement of net assets prepared at June 30,20X9,what amount should be reported for total net assets? A) $2,425,000 B) $4,200,000 C) $2,900,000 D) $3,625,000 Additional information available is as follows:
All of the long-term debt was used to acquire capital assets.Cash of $475,000 is restricted for debt service.
-Based on the preceding information,on the statement of net assets prepared at June 30,20X9,what amount should be reported for total net assets?


Definitions:

Reinforcement

In behavioral psychology, it refers to any stimulus which strengthens or increases the probability of a specific response.

Unpleasant Stimulus

A stimulus that is generally undesirable or disagreeable to an individual, often leading to avoidance behavior.

Punishment

Any event or object that, when following a response, makes that response less likely to happen again.

Positive Reinforcement

The reinforcement of a response by the addition or experiencing of a pleasurable stimulus.

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