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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 20, 2014



Title: Which of the following is the most accurate statement regarding the depreciation
Post by: goji.go on Oct 20, 2014
Which of the following is the most accurate statement regarding the depreciation of general capital assets in the governmental activities column of the statement of activities?
      a.   All general capital assets must be depreciated
      b.   General capital assets are not required to be depreciated
      c.   General capital assets should be depreciated, but financial statement preparers may choose not to depreciate land and infrastructure assets
      d.   General capital assets should be depreciated, except for land and infrastructure assets that are reported using the "modified approach."


Title: Re: Which of the following is the most accurate statement regarding the depreciation
Post by: f_zah1 on Oct 23, 2014
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Title: Re: Which of the following is the most accurate statement regarding the depreciation
Post by: goji.go on Oct 23, 2014
Thanks so much f_zah1.

You were correct :D


Title: Re: Which of the following is the most accurate statement regarding the depreciation
Post by: f_zah1 on Oct 23, 2014
You're very welcome!