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2-19. Answer the following questions about methods of accounting. On the accrual basis of accounting, rev- enues and supportare recognized when an organization that it
2-19. Answer the following questions about methods of accounting. On the accrual basis of accounting, rev- enues and supportare recognized when an organization that it is likely to collect, and it recog- an amount nizes expenses when it resource Accrual-based associ 2 expenses ated with capital assets are called 3. Capital projects>are evaluated on the basis of accounting 4Loan repayments are resource outflows basis of accounting, on the but not on the basis of accounting (5 Borrowed inflows on the amounts are resource basis of accounting, but not on the basis of accounting
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