Under GASB 34,capital Assets and Non-Current Debt Are

question 36

Multiple Choice

Under GASB 34,capital assets and non-current debt are:

• A) reported in the government-wide statement of net assets.
• B) reported in the fixed asset and long-term debt group of accounts.
• C) reported in the governmental funds balance sheet.
• D) no longer reported under GASB 34.

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