42. Which of the ollowing itemns are added to govenimerk-wide financial statements through worksheet journal entries? A. General Capital Assets B. General Long Term Deb C. Internal Service Funds servicing governmental departments D. All of the above 43. A kocal al government purchased a building urxl recorded the event by debiting Expenditures- Capital pu Outlay and crediting Cash. What would be the worksheet entry to prepare the goverment-wide statements? A Debit to Capital Asets and crotfi to Espendiures Capital Oulay C. Debit to Capital Assets and credit to Accumulated Depreciation-Capital Assets and Expenditures - Capital D. Debit to Capital Assts fbr the book value of the sset und credit to Expendtures Capital Oulay Outlay 44 A kocal govenment recorded the sale of a capital assert at a gain by recording a debit to cash and credit to proceeds of sale of capital asset, What is the worksheet entry when preparing the government-wide statements? A. Debit to Proceeds of sale of capital asset ard credit to Gain on sale of capital asset B. Debit to Cash and credit to capital asset (net) and credit to Gain on sale of capital asset C. Debit to Proceeds of sale of capital asset and credit to capital asset (net) and Gain on sale of capital asset D. None of the above 45. A local government issued bonds and recorded the event by debiting Cash and crediting Other Financing Source - Proceceds of Bonds and Other Financing Source - Premium on Bonds. What is the worksbeet entry when preparing the govemment-wide statements? g Sources Proceeds of Bonds and Other Financing Sources Premium on bonds and Credit Bonds Payable and Premium on Bonds B. Debit Cash and Credit Bonds Payable and Premium on bonds C. Debit Other Financing Sources-Proceeds of Bonds and Credit Bonds payable and Premium on Bonds D. No adjustment is necessury 46. A governmental fund Statement of Revenues, tures, and Changes n Fund Balances reponted F expenditures of $30 million, including capital outlay expenditures of S9 million. Capital assets for that government cost $90 million, including land of S10 million. Depreciable assets are amortized over 20 years, on average. The reconciliation fiom govemmental changes in fund balances to governmental activities changes would reflect a(an): A. Decrease of SI million B. Increase ofSl million. C. Increase of $5 million. D. Decrease of$4 million. Page