Computation of proprietary fund net position given here is


Question: (Computation of proprietary fund net position) Given here is the December 31, 2013, preclosing trial balance for the City of Hudson Golf Course Enterprise Fund. Compute as of December 31, 2013,

(a) total net position;

(b) net investment in capital assets, net of related debt;

(c) restricted net position; and

(d) unrestricted net position.

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Accounting Basics: Computation of proprietary fund net position given here is
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