A statement of financial position shows account balances in two separate columns. How are those columns labeled?

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A statement of financial position shows account balances in two separate columns. How are those columns labeled?

a. Current and noncurrent

b. Temporary and permanent

c. Without donor restrictions and with donor restrictions

d. Contributed funds and funds from exchange transactions

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Advanced Accounting

ISBN: 9781260247824

14th Edition

Authors: Joe Ben Hoyle, Thomas Schaefer, Timothy Doupnik

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