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please answer the two questions thank you What is the accounting equation used by agency funds? Assets = Liabilities + Net Position Assets - Liabilities

please answer the two questions

thank you
What is the accounting equation used by agency funds? Assets = Liabilities + Net Position Assets - Liabilities = Net Position Assets - Liabilities = Fund Balance O Assets = Liabilities Question 3 (4 points) What are the Net Position categories used by Proprietary Funds? Restricted, Unrestricted, Assigned Net Investment in Capital Assets, Unrestricted. Nonspendable, Restricted, Committed Net Investment in Capital Assets, Restricted Unrestricted

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