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Under the reporting model required by GASB Statement 34, fund statements are required for government, proprietary, and fiduciary funds. Government-wide statements include the Statement of

Under the reporting model required by GASB Statement 34, fund statements are required for government, proprietary, and fiduciary funds. Government-wide statements include the Statement of Net Assets and Statement of Activities. Answer the following questions related to the reporting model: 1. Indicate what should be included in the Statement of Net Assets categories: (a) Invested in Capital Assets, Net of Related Debt, (b) Restricted, and (c) Unrestricted. no words count needed list any ref used

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