REA stands for resources, entities and agents. Indicate whether ...

[amal]

REA stands for resources, entities and agents.
  Indicate whether the statement is true or false

Question 2

A not-for-profit hospital receives a 25,000 donation that must be used for a special training program for nurses.
 
  When the donated resources are used for the intended purpose, in which net asset classification should the hospital report the expense?
   a. assets limited as to use
   b. temporarily restricted net assets
   c. unrestricted net assets
   d. permanently restricted net assets

[komodo7]

Answer to Question 1

F

Answer to Question 2

c

[amal]

Thank you

[komodo7]

No problemo