Report depreciation on the infrastructure


Question: A county owns many roads, bridges, and other infrastructure. If this infrastructure is well maintained, the government may report depreciation on the infrastructure Select one: a. using the straight-line method on the government-wide statement of activities. b. at an amount equal to the year's maintenance costs on the government-wide statement of activities. c. using the straight-line method on the governmental funds operating statement. d. at an amount equal to the year's maintenance costs on the governmental funds operating statement.

 

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Accounting Basics: Report depreciation on the infrastructure
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