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On the Statement of Activities, how will the fulfillment of conditions related to restricted donor contributions be seen? Donations made with restrictions are reclassified as
On the Statement of Activities, how will the fulfillment of conditions related to restricted donor contributions be seen?
Donations made with restrictions are reclassified as donations without restrictions under revenues
Donations made with restrictions are reclassified as donations without restrictions under expenses.
No change is seen on the Statement of Activities
Donations made with restrictions increase expenses and donations made without restrictions increase revenues
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Accounting for Governmental and Nonprofit Entities
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely
18th edition
1260190080, 1260190083, 978-1259917059
