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goji.go goji.go
wrote...
Posts: 5977
10 years ago
A nongovernment not-for-profit organization received donated services from a local volunteer. The volunteer works as a receptionist for the organization. The market value of service is $5,000. How should this activity be reported be in the statement of activities?
A.   Not be reported.
B.   Unrestricted support, $5,000.
C.   Restricted support, $5,000.
D.   Both unrestricted support and program expense, $5,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
10 years ago
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