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goji.go goji.go
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9 years ago
A state university receives an appropriation for from the state for capital projects of $5 million and a state appropriation for other purposes of $20 million. How should the amounts received be reported in the university’s statement of revenues, expenses, and changes in net position?
A.   Operating revenues of $20 million and nonoperating revenues of $5 million.
B.   Operating revenues of $20 million and capital contributions of $5 million.
C.   Nonoperating revenues of $20 million and capital contributions of $5 million.
D.   Nonoperating revenues of $25 million.
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Diesel
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f_zah1f_zah1
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