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Read Chapters 5 (Accounting for general capital assets) and Chapter 6 (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. Turnitin similarity report must be under 10%. Do not copy paste text. Make sure to include at least 6 external references with in-text citations. Use APA style.
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Your research should include material from as many sources as possible including books; professional journals; Internet sources; interviews and media sources
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