Mr. Harvey Robinson donated $2,000,000 to the University of Aggiemania with the stipulation that earnings of the
Question:
Required
a. Prepare the entry(ies) needed to record the gift, assuming a government university.
b. What effect results from the expiration of the term of the endowment, assuming a government university?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
a CashEndowments 2000000 RevenuesEndowment Gifts 2000000 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Governmental and Nonprofit Accounting
ISBN: 978-0132751261
10th edition
Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi
Question Posted:
Students also viewed these Accounting questions
-
Mr. Grifn Smith donated $3,500,000 to the University of Baton Rouge (a government university) with the stipulation that earnings of the rst ten years be used to provide scholarship for social...
-
Mr. Griffin Smith donated $3,500,000 to the University of Baton Rouge (a government university) with the stipulation that earnings of the first 10 years be used to provide scholarship for social...
-
Mr. Griffin Smith donated $3,500,000 to the University of Baton Rouge (a government university) with the stipulation that earnings of the first 10 years be used to provide scholarship for social...
-
Selenic acid, H2SeO4, is a crystalline substance and a strong acid. Write the electron-dot formula of selenic acid.
-
How can you charge an object negatively with only the help of a positively charged object?
-
Consider the problem of terrorism during Radical Reconstruction. If you had been an adviser to the President, how would you propose to deal with the problem? Give a minimum of TWO examples and fully...
-
Governments often provide incentives to encourage foreign firms to invest within their national borders. Why do governments encourage inward FDI? LO.1
-
A vending machine at City Airport dispenses hot coffee, hot chocolate, or hot tea, in a constant service time of 20 seconds. Customers arrive at the vending machine at a mean rate of 60 per hour...
-
The comparative balance sheet of Yellow Dog Enterprises Inc. at December 3 1 , 2 0 Y 8 and 2 0 Y 7 , is as follows: q , Assets Cash Accounts receivable ( n ( Merchandise inventory Prepaid expenses...
-
XYZ is a calendar-year corporation that began business on January 1, 2020. For the year, it reported the following information in its current-year audited income statement. Notes with important tax...
-
January 10, 20X8Lumbee State College received a $100,000 government grant to be used to finance a study of the effects of the Tax Reform Act of 20X6 on the regional economy. During 20X8Expenditures...
-
Hitech State University issued $14,000,000 of bonds to finance construction of a new computer facility on March 25, 20X8. The contractor billed the university $3,200,000 for work completed during...
-
The purpose of this case is to familiarize you with the attribute sampling functionality of the CaseWare IDEA and ACL software. Your instructor will provide you with instructions for how to access...
-
The Intel Outsourcing case case explores the make-versus-buy decision for the well-known chip maker. Use The Strategic Sourcing framework to examine this important decision for Intel. Use the...
-
Final-year students enrolled in the Interactive Multimedia course at Edith Cowan University are required to develop skills and expertise in managing the design and development of client websites. The...
-
Find the minimum tractive effort required for vehicle to maintain 70mph speed at 5%upgrade through an air density of 0.002045 slug/ft^3. Show all steps and unit conversion please Problem 2:...
-
Sanburn writes about the conflict of decreasing funding and enrollment for community colleges and the increasing value of an associate degree. Explain how those two factors can co - exist at the same...
-
Rare beauty new Shampoo and Conditioner Branding Strategy What is the branding strategy for your organization? What is the purpose of your brand? How will you differentiate yourself from domestic...
-
In most variations of the card game poker, a hand consists of 5 cards, where the order doesn't matter. How many different poker hands are there?
-
Using a graphing utility, graph y = cot -1 x.
-
Select the circumstance in which the impact on government bond yields of a new source of revenue (such as a natural resource discovery) would be largest. Explain your choice. a. Before the discovery,...
-
Using the annual financial report obtained for Exercise 11, answer the following questions: a. Examine the governmental fund financial statements. Are any major capital projects funds included? If...
-
Using the annual financial report obtained for Exercise 11, answer the following questions: a. Find the Statement of Net Assets for the proprietary funds. Is the Net Asset or the Balance Sheet format...
-
Using the annual report obtained for Exercise 11, answer the following questions: a. Look at the Statement of Fiduciary Net Assets. Which fund types are includ ed? Is the Statement prepared in a...
-
A company manufactures lawnmowers. Compute the total amount of period costs from thr following costs.
-
TestAnswerSavedHelp opens in a new windowSave & ExitSubmit Item 1 7 1 0 points Time Remaining 1 hour 2 0 minutes 1 8 seconds 0 1 : 2 0 : 1 8 Item 1 7 Time Remaining 1 hour 2 0 minutes 1 8 seconds 0 1...
-
Use the following information for the Problems below. (Algo) [The following information applies to the questions displayed below.] Lansing Company's current-year income statement and selected balance...
Study smarter with the SolutionInn App