Why are general capital assets reported on the statement of

Why are general capital assets reported on the statement of net assets on the government-wide statements but not on the governmental funds balance sheet?
Why are general capital assets reported on the statement of net assets on the government-wide statements but not on the governmental funds balance sheet?

Solution

General Capital assets are obtained by using financial sources of government funds not by using of proprietary and trust fund that\'s why it is shown in financial statement in government activities column of government wide statement of net asset.

 Why are general capital assets reported on the statement of net assets on the government-wide statements but not on the governmental funds balance sheet? Why a

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