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Indicate whether each of the donated services described below would be considered contribution revenue for a private nonprofit. All services described are performed free of
- Indicate whether each of the donated services described below would be considered contribution revenue for a private nonprofit. All services described are performed free of charge. Unless stated otherwise, the nonprofit would have paid for the service if it had not been donated. Be sure to support your answer. Do not prepare the journal entry simply answer Yes or no and very briefly say why
- Volunteers worked as sales assistants in a nonprofit hospital snack shop
- A member of a church volunteered to repair a loose floor tile in the churchs activities room. Church leaders had not planned to repair the tile.
- A psychiatrist volunteered several hours each week at a nonprofit counseling center to assist people with alcohol and drug addiction
- An accounting teacher volunteered several hours weekly to counsel troubled youths in an after-school program run by a nonprofit
- A nonprofit decides to construct a shelter for the homeless. A licensed contractor does the job for no change
Provide an answer for EACH of the five and label your answer 1, 2, 3, 4, and 5
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