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Author Question: Government colleges and universities must recognize donations received with purpose restrictions as ... (Read 90 times)

colton

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on: Jul 5, 2018
Government colleges and universities must recognize donations received with purpose restrictions as
 
  A. Deferred revenue until the restrictions are met.
  B. Operating revenues.
  C. Nonoperating revenues.
  D. None of the above.

Question 2

Closing entries are entered directly on to the work sheet.
 a. True
  b. False
 
   Indicate whether the statement is true or false


lou

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Reply #1 on: Jul 5, 2018
Answer to Question 1

C

Answer to Question 2

False


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