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 114 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
Wow, this really help

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Lake position in the landscape and proportion of water received as groundwater (data from Webster et Lake position in the landscape and proportion of water received as groundwater (data from Webster et
Feral Rock Pigeons are common pests in public spaces in cities Feral Rock Pigeons are common pests in public spaces in cities
Phlebotomy. In this common procedure, a syringe needle punctures a vein, usually in the arm, and wit Phlebotomy. In this common procedure, a syringe needle punctures a vein, usually in the arm, and wit
These photos show a rat burying a test object from which it has just received a single mild shock. These photos show a rat burying a test object from which it has just received a single mild shock.
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ... Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
Public Speaking: Strategies for Success, 9th Public Speaking: Strategies for Success, 9th
Video: Methods that regulate pH

For a complete list of videos, visit our video library