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Which of the following are unique reporting results that arise when using the modified accrual basis of accounting instead of the accrual basis of accounting?

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Which of the following are unique reporting results that arise when using the modified accrual basis of accounting instead of the accrual basis of accounting? (select ALL that apply) A. Bonds are treated as expenditures when repaid. B. There are no long-term assets. C. There are no long-term liabilities. D.Capital assets are treated as expenditures when acquired. Which of the following are unique reporting results that arise when using the modified accrual basis of accounting instead of the accrual basis of accounting? (select ALL that apply) A. Bonds are treated as expenditures when repaid. B. There are no long-term assets. C. There are no long-term liabilities. D.Capital assets are treated as expenditures when acquired

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