On the proprietary funds statement of net position, how is the net position section categorized?

Question

Quizplus · Accepted Answer

Net position in proprietary funds is categorized as net investment in capital assets, restricted, and unrestricted. This reflects the equity in capital assets net of related debt, restrictions imposed by external parties or law, and the residual amount not meeting the definition of the first two categories, respectively.

On the Proprietary Funds Statement of Net Position, How Is