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 52 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?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

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

For a complete list of videos, visit our video library