A state university receives an appropriation for from the state for capital projects of 5 million and a state appropriation for other purposes of 20 million.
How should the amounts received be reported in the university's statement of revenues, expenses, and changes in net position?
A. Operating revenues of 20 million and nonoperating revenues of 5 million.
B. Operating revenues of 20 million and capital contributions of 5 million.
C. Nonoperating revenues of 20 million and capital contributions of 5 million.
D. Nonoperating revenues of 25 million.
Question 2
A debit to either the ___________________ _ account or a(n) ___________________ _ account will cause a decrease in the owner's equity of a business.
Fill in the blank(s) with correct word
Romanesque capital showing Samson and the lion (13th century).
Christo, Over the River, Project for the Arkansas River, State of Colorado.
Drug elimination: half-life to steady state.
The steady state in enzyme kinetics
Capital-Biased Technological Change
Pangaea 200 Million Years Ago