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A government university that chooses to report as a business-type special purpose government purchases land for a planned dormitory by securing a ten year bank

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A government university that chooses to report as a business-type special purpose government purchases land for a planned dormitory by securing a ten year bank loan. The entry to record the purchase and procurement of funding would include A debit to expenditures Acredit to other financing sources A credit to fund balance A debit to assets. A government university that chooses to report as a business-type special purpose government purchases land for a planned dormitory by securing a ten year bank loan. The entry to record the purchase and procurement of funding would include A debit to expenditures Acredit to other financing sources A credit to fund balance A debit to assets

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