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Author Question: Equity in a Debt Service Fund is known as A. Restricted net position. B. Fund balance. C. Net ... (Read 33 times)

lilldybug07

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on: Jul 5, 2018
Equity in a Debt Service Fund is known as
 
  A. Restricted net position.
  B. Fund balance.
  C. Net investment in capital assets.
  D. Unrestricted net position.

Question 2

Depreciation Expense is reported on the balance sheet as an addition to the related asset.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Ahnyah

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Reply #1 on: Jul 5, 2018
Answer to Question 1

B

Answer to Question 2

False


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