A government reported,in its government-wide Statement of Net Assets:
In addition,$4 million of cash was restricted for payment of debt service.The government's unrestricted net assets would be reported as:

Question

Quizplus · Accepted Answer

The unrestricted net assets are calculated by subtracting the restricted cash ($4 million) from the total net assets ($17 million), resulting in $13 million.

A Government Reported,in Its Government-Wide Statement of Net Assets