Question
contributions received in a prior period and restricted by the donor for construction of a building were reported as increases to temporarily restricted net assets
contributions received in a prior period and restricted by the donor for construction of a building were reported as increases to temporarily restricted net assets in the period received. When the building is constructed in a subsequent period a not-for-profit would report contributions for the amount released from restriction. True or false
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Anti Audit Warfare
Authors: Business Management Daily
7th Edition
1540747182, 978-1540747181
