The Enterprise Fund net position component called, Net Investment in Capital Assets, is equal to the sum of all capital assets net of accumulated depreciation reported on those assets.

Question

Quizplus · Accepted Answer

Net investment in capital assets is equal to the sum of the carrying values of the fund's capital assets-for example, land and buildings, net of accumulated depreciation-less the related Enterprise Fund debt used to pay for those capital assets.

The Enterprise Fund Net Position Component Called, Net Investment in Capital