Question
Which of the following terms is used to indicate that a donor provided a gift withh explicit instructions that the gift is to be used
Which of the following terms is used to indicate that a donor provided a gift withh explicit instructions that the gift is to be used for a specific purpose by the not for profit but the entire amount may be spent right away?
A. Board-designated net assets
B. Permanently restricted net assets
C. Endowment assets
D. Temporarily restricted net assets.
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
