On January 1, 2010, a city signs a capital lease for new equipment for the police department.

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On January 1, 2010, a city signs a capital lease for new equipment for the police department. How does the city report this transaction on government-wide financial statements? On fund-based financial statements?

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Advanced Accounting

ISBN: 978-0077431808

10th edition

Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik

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