Answer 11-15 A-F

bookstore 4 years. d. The organization sells goods from its online 11-17. For Youth Agency (FYA) is a voluntary health and PROBLEMS 11-14. The Abby Arboretum (AA) is a not-for-profit e. A donor gives the organization cash and organization that has several programs, including gardening, grade-school education, environmental specifies that the money is to be used in efforts, and a reforestation program. It draws many volunteers for its efforts. Indicate which, if any. t. A donor gives 1,000 shares of Apple stock and of the following activities should be recorded as stipulates the proceeds of the stock are not to donated services be spent but held in perpetuity. 1. An architect drew up blueprints for a new greenhouse free of charge. AA would have 11-16. The Abby Arboretum (AA) has several programs, hired an architect otherwise. each of which has its own fund. AA also has several b. The architect makes phone calls to past clients other important funds such as a Debt Service and investors to raise contributions on behalf Fund and an Operating Fund (which handles all of AA for a capital campaign to finance the unrestricted transactions). For the following events, greenhouse. show the effect on the fundamental equation of c. After the greenhouse is built, the architect accounting for each of the affected funds. spends several days planting vegetables and flowers. a. The Environmental Program borrows money from the Operating Fund to hire a consultant 11-15. Indicate whether each of the following actions for $10,000. The money is expected to be would result in a change in net assets without donor repaid in 6 months when a foundation grant is restrictions or net assets with donor restrictions this scheduled for receipt. year: b. AA transfers $20,000 to the Debt Service a. A donor gives the organization a cash Fund, $2,000 of which is interest, to pay back contribution to be used for expanding the organization's food pantry program. a tax-exempt bond. b. The organization earns an unrealized gain on c. AA charges out its Operations Department its permanent endowment. to each program equally, at $1,000 each, for c. A donor pledges money to the organization services performed to maintain property, plant, and equipment but has not paid it yet. The donor does not indicate how the money is to be used