The disposal of a general capital asset, resulting in no revenue or expenditure to the government, is recorded only in the governmental activities accounts.
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Q1: GASB standards require that all governmental expenditures
Q2: General capital assets acquired with capital projects
Q4: One of the required general capital asset
Q5: The recorded premium on tax-supported bonds issued
Q6: Interest incurred during construction of general capital
Q7: Acquisition of a general capital asset represents
Q8: Depreciation of general capital assets for the
Q9: In the capital projects fund general journal,
Q10: GASB allows governments with a population below
Q11: While the GASB encourages capitalization of all
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