For each of the independent transactions listed in the left-hand column below, indicate which of the revenue or contribution classifications apply by choosing one or more of the letters from the listed items in the right-hand column.
Revenue and Contribution Classifications"
A Revenue
B Contributions-Unrestricted
C Contributions-Temporarily Restricted
D Contributions-Permanently Restricted
E None of the above
A B C D E
1 A museum gift shop sold prints of famous paintings.
2 At the end of the year a donor agreed to contribute $400,000 to a local artists' fund if the museum raised a matching amount in the first quarter of the upcoming year.
3 A registered nurse volunteered 10 hours a week to a local agency for disabled persons.
4 A donor contributed $1 million to a not-for-profit hospital for a new clinic.
5An NFP art association hosted its annual art exhibition for the association's major contributors
6 A donor contributed securities valued at $10 million to be permanently invested. Earnings ther on are stipulated by the donor to be used for eye research.
7 A local computer store donated computers for children's use at a NFP hands-on children's museum.
8 A local PTA received cash contributions of $2,000 to be used for its operating activities.