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I need help with this questions: 14. How to record a trade-in? a. Government wide: Record at ticket price of the new asset b. Fund

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14. How to record a trade-in? a. Government wide: Record at ticket price of the new asset b. Fund statement: only the cash aspects of the transaction be recognized as expenditure Losses and gains should be recognized on fund statements d. No losses and gains should be recognized on government wide financial statement c

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