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f8. Other operating costs, paid in cash, related to unrestricted net assets total $530,000 9. Donated services with a value of $4,000 are received. These
\f8. Other operating costs, paid in cash, related to unrestricted net assets total $530,000 9. Donated services with a value of $4,000 are received. These services should be recorded as expenses by the organization. Based on the information above, indicate whether the following statements are "True" or "False" by circling your answers below (each answer is worth 2 points): A) T F The balance of cash increased by $13,500 during 20X0. B) T F Unrestricted contributions for 20X0 were $704,000. C) T F The balance of unrestricted net assets on December 31, 20X0 was $397.000 D) T F Net pledges receivable (restricted and unrestricted) increased by $274,000 E) T F The balance of temporarily restricted net assets on December 31, 20X0 was $240,000
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