Question
The Dixie Foundation, a private not-for-profit organization had the following cash contributions and expenditures in 2015. Unrestricted cash contributions $500,000 Cash contributions of $200,000 restricted
The Dixie Foundation, a private not-for-profit organization had the following cash contributions and expenditures in 2015. Unrestricted cash contributions $500,000 Cash contributions of $200,000 restricted by the donor to the acquisition of property Cash expenditures of $200,000 to acquire property with the donation in the above item Dixie's statement of cash flows should include which of the following amounts? Operating Activites $700,000 Investing Activities $($200,000) Financing Activities $0 Operating Activites $500,000 Investing Activities $0 Financing Activities $0 Operating Activites $500,000 Investing Activities ($200,000) Financing Activities $200,000 Operating Activites $0 Investing Activities $500,000 Financing Activities $200,000 A not for profit organization received $150 from a a donor. The donor receives two tickets to a theater show and an acknowledgement in the theater program. The ticktes have a fair market value of $100. What amount is recorded as contribution revenue? $0 $50 $100 $150
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