Do an internet search for the following FASB standards:

ASU 2016-14 not-for-profit entities Not-for-Profit Entities (Topic 958) After studying the required resources of this module you should:

1.Identify and list the most common nonprofit entities and the FASB standards that regulate them. 2.Explain how fundraising activities are accounted for. 3.Make the following journal entries related to a museum. The museum is a non-profit organization and had the following transactions during fiscal year 20X2: a. Received unrestricted cash contributions of $500,000. b. Received donor-restricted contributions of $300,000. c. Received donor-restricted contributions to the $500,000 endowment fund. d. Received restricted donor contributions for museum security of $100,000. e. Received unrestricted cash for: Museum admission fees, $800,000; Private activities, $450,000.