The page total to the right is the number of pages in the entire schedule for property on hand at beginning of account period, including both the cash assets. Purchase of Acquired Assets; Assumption of Assumed Liabilities, 2.§ 1063(b) (purchases or other changes in the form of assets) providing the purchase price of the assets purchased or sold in exchange for cash. Business Assets The University will purchase the business assets of Mission set forth in the. Operating expenses for enterprise funds and internal service funds include the cost of sales and services, administrative expenses, and depreciation on capital. Standard Practice Manual Policies and Procedures Section 1 - General Accounting Policies Policy 101 - Policies and Procedures for Standard Practice Manual