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On Rockfords statement of net position at December 31, 2018, for the water utility, $134,255,853 is reported for net investment in capital assets. Prepare a
- On Rockfords statement of net position at December 31, 2018, for the water utility, $134,255,853 is reported for net investment in capital assets. Prepare a detailed schedule that shows how this amount was determined (Hint: the current and noncurrent portions of the capital lease liability are debt that is related to the acquisition of capital assets)
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
