This topic contains a solution. Click here to go to the answer

Author Question: The statement of net assets for a nongovernment nonprofit organization would report the following ... (Read 126 times)

torybrooks

  • Hero Member
  • *****
  • Posts: 500
The statement of net assets for a nongovernment nonprofit organization would report the following components of net assets except
 
  A. Unrestricted net assets.
  B. Temporarily restricted net assets.
  C. Net investment in capital assets.
  D. Permanently restricted net assets.

Question 2

Liabilities are debts owed by the business entity.
 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

ricroger

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

C

Answer to Question 2

True





 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

For a complete list of videos, visit our video library