A nongovernment, not-for-profit organization received donated auditing services from a local CPA. The market value of the auditing services is 10,000 . How should these donated services be reported be in the statement of activities?
a. Unrestricted support - 10,000
b. Restricted support - 10,000
c. Management and general expense - 10,000
d. Both items a and c
Question 2
The ___________________ ___________ process includes the events surrounding the sale of goods to a customer, the recognition of revenue, and the collection of the customer payment.
Fill in the blank(s) with correct word
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