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goji.go goji.go
wrote...
Posts: 5977
9 years ago
A nongovernment voluntary health and welfare organization received unrestricted cash donations of $23,000 for the current year, $30,000 of donations to be used for the following year, and a $100,000 donation to establish a permanent investment endowment. The organization should report
A.   Unrestricted revenues of $53,000 and permanently restricted revenues of $100,000.
B.   Temporarily restricted revenues of $153,000.
C.   Unrestricted revenues of $23,000 and temporarily restricted revenues of $130,000.
D.   Unrestricted revenues of $23,000, temporarily restricted revenues of $30,000, and permanently restricted revenues of $100,000.
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Diesel
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Answer accepted by topic starter
f_zah1f_zah1
wrote...
Top Poster
Posts: 10774
9 years ago
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