This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A public university received a restricted donation from one of their trustees. The donation was to ... (Read 133 times)

bobbie

  • Hero Member
  • *****
  • Posts: 592
on: Jul 5, 2018
A public university received a restricted donation from one of their trustees. The donation was to be used to pay debt service costs for one year on the new athletic field.
 
  When received, the donation will be reported on the statement of cash flows as
  A. Operating activities.
  B. Noncapital financing activities.
  C. Capital and related financing activities.
  D. Investing activities.

Question 2

After Net Income or Loss is entered on the work sheet, the debit column total must equal the credit column total for the Balance Sheet pair of columns.
 a. True
  b. False
 
   Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cloudre37

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

True


bobbie

  • Member
  • Posts: 592
Reply 2 on: Jul 5, 2018
Gracias!

nyrave

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec. McGill University's Gault Nature Reserve on Mont-Saint-Hilaire, Quebec.
Blue whale skeleton, outside the Long Marine Laboratory at the University of California, Santa Cruz Blue whale skeleton, outside the Long Marine Laboratory at the University of California, Santa Cruz
Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Multiple sclerosis (MS). (a) A disease characterized by the gradual development of small areas of ha Multiple sclerosis (MS). (a) A disease characterized by the gradual development of small areas of ha
Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra
Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken Three days after the Boston Marathon explosion, the FBI released this photograph that had been taken
Video: Fermentation pathways

For a complete list of videos, visit our video library