Which of the following transactions increases the net position of a proprietary fund? A. Issuance of long-term debt B. Issuance of short-term debt C. Proceeds from sale of a proprietary fund capital asset at less than its carrying value D. Revenues from charges for services rendered Submit Answers Select the best answer. Which of the following financial statements is required for a custodial fund in a government's Comprehensive Annual Financial Report? A. Statement of Cash Flows e B. Statement of Changes in Fiduciary Ner Position C. Statement of Revenues, Expenditures, and Changes in Fund Balance D. Statement of Revenues, Expenses, and Changes in Fund Net Position Submit Answ A government purchased a piece of equipment for a general government activity. The government paid $90,000 cash down, and signed a 5-year note for the balance of the cost of the equipment. This transaction will impact which of the following accounting entities? A. A fiduciary fund B. A proprietary fund C. An enterprise fund D. The GCA-GLTL accounts Submit