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1.Why do some accountants believe that it should offset the year-end inventory balance with a fund balance-non-spendable when no comparable fund balance is required for cash, taxes receivable, or most other assets?
2.How should governments report their capital projects and debt service activities in their government-wide statements?

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•Submit your responses to the following questions in a 1-2 page document in MS Word. Label each question clearly. Please include computations in a table.

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