30&31

The Statement of Activities is most closely related to this financial statement? a. Balance Sheet b. Income Statement c. Statement of Fund Balances d. Statement of Cash Flows A retired professoe makes a $1,000,090 gift to McNeese before the end of 2020 . The conditions of the g it are that the principal is never to be spent ind the interest is to be used to fund College of Business professors in their endezvors to provide qualty (non-cnine) instruction to the student body. What is this called? a. Endowment b. Trust fund donation c. Imeosed Nonoxchange Reveoue: d. Generous