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

Author Question: A nongovernment, not-for-profit organization provides the following information and asks you to ... (Read 63 times)

itsmyluck

  • Hero Member
  • *****
  • Posts: 546
A nongovernment, not-for-profit organization provides the following information and asks you to determine how much revenue should be reported in each of its changes in net assets categories.
 
  All pledges are unconditional
 
  Cash contributions restricted to specific programs 200,000
  Cash contributions restricted to endowment 1,000,000
  Net realizable value of pledges to a building program resulting from current year fund raising efforts
  450,000
  Net realizable value of unconditional pledges resulting from current year fund raising efforts
  105,000
 
   Changes in
 
  Unrestricted
  Net Assets Temporarily
  Restricted
  Net Assets Permanently
  Restricted
  Net Assets
  A. 105,000 650,000 1,000,000
  B. 105,000 200,000 1,450,000
  C. 0 305,000 1,450,000
  D. 0 755,000 1,000,000

Question 2

A man-made system that generally consists of an integrated set of computer-based components and manual components established to collect, store, and manage data and to provide output information to users.
 a. information system
  b. output system
  c. business event system
  d. database system



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aliotak

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

D: Moderate; LO3)

Answer to Question 2

A




itsmyluck

  • Member
  • Posts: 546
Reply 2 on: Jul 5, 2018
YES! Correct, THANKS for helping me on my review


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

For a complete list of videos, visit our video library