Author Question: The government-wide financial statements report all of the following equity classifications except ... (Read 85 times)

gonzo233 · **on:** Jul 6, 2018

The government-wide financial statements report all of the following equity classifications except

a. restricted net asset.
b. retained earnings.
c. unrestricted net assets.
d. invested in capital assets, net of related debt.
e. All of the above are common equity classifications in the government-wide financial statements.

Question 2

Credit postings to the Accounts Receivable general ledger account come from the cash receipts journal and the general journal.
a. True
b. False
Indicate whether the statement is true or false