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Author Question: The statement of net assets for a nongovernment nonprofit organization would report the following ... (Read 101 times)

torybrooks

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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



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ricroger

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Answer to Question 1

C

Answer to Question 2

True





 

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