How would you recommnd that the university maintain


Refer to the transactions in the previous probelm.

1. Prepare the journal entries for the university to make in its governmental fund (e.g., its general fund or a capital projects fund).

2. How would you recommnd that the university maintain accounting control over the capital assets themselves - those that you did not record as assets in the governmental funds?

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Accounting Basics: How would you recommnd that the university maintain
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