Author Question: A government university received a restricted donation from one of their trustees. The donation was ... (Read 113 times)

Pineapplelove6

  • Hero Member
  • *****
  • Posts: 560
A government 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.
  e. None of the above.

Question 2

The broad categories of funds used in government accounting do not include which one of the following?
 
  a. revolving
  b. governmental
  c. proprietary
  d. fiduciary



chloejackso

  • Sr. Member
  • ****
  • Posts: 316
Answer to Question 1

C

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Today, nearly 8 out of 10 pregnant women living with HIV (about 1.1 million), receive antiretrovirals.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library