Assignment:
Read (Accounting for general capital assets) and (Accounting for general long term liabilities) of your Accounting for Governmental and Nonprofit entities Book (16th or 17th edition) and write a 1,700 word essay that covers the following topics:
-what are capital assets? Provide example
-What are capital projects funds? Provide example
-Why are long term liabilities in governmental accounting?
-What is the difference between debt limit and debt margin?
-what are different types of serial bonds in governmental accounting?
All essays must include an introduction and a conclusion. Use APA style.
Do not email assignment. All assignments must be submitted through the turnit in link in Assignments.