Question

The asset, equipment, used by a department accounted for by the General Fund of a governmental unit should be reported in the:

Answer 1

Government-wide statements.

Step-by-step explanation:

What is the government wide statements?

This is a summary and well detailed statement of the main or major government funds, their expenditures/ how much have been spent and also the amount of money that the government has left. It shows the government's financial activities, all in one place.

Therefore from the question, the asset and equipment has to be reported in the government wide statement.