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Is a high school building an asset or is it a liability? If it is neither, how should the cost be recorded? How is a
Is a high school building an asset or is it a liability? If it is neither, how should the cost be recorded? How is a high school reported in fund financial statements? How is the same high school reported in government-wide financial statements? Is the current method we use for government accounting the right approach to the case? What is a different approach other than the current method we can use for government accounting?
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