Since no dividends are paid in nonprofit organizations, the retained earnings are equal to the accumulated s

Question:

Since no dividends are paid in nonprofit organizations, the retained earnings are equal to the accumulated s ______ s. Some nonprofit organizations do receive contributions from persons outside the entity. They are not called paid-in capital but are indeed sources of c .

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

Question Posted: