A nongovernment not-for-profit organization received a cash donation restricted for construction of a new building. How should the donation be reported be reported in the statement of cash flows?
A. Cash inflows from operating activities.
B. Cash inflows from financing activities.
C. Cash inflows from investing activities.
D. Cash inflows from capital and related financing activities.
Question 2
A credit may signify a
a. decrease in assets
b. decrease in liabilities
c. decrease in capital
d. decrease in revenue