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 95 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?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

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

For a complete list of videos, visit our video library