The general fund of Reston acquired computer equipment costing $70,000 during the fiscal year ended June 30,20X9.Machinery and Equipment should be reported in Reston's General Fund Balance Sheet and government-wide Statement of Net Assets at June 30,20X9,as follows:

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The Answer of The general fund of Reston acquired computer equipment costing $70,000 during the fiscal year ended June 30,20X9.Machinery and Equipment should be reported in Reston's General Fund Balance Sheet and government-wide Statement of Net Assets at June 30,20X9,as follows:

The General Fund of Reston Acquired Computer Equipment Costing $70,000