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Which of the following would not be reported in the Statement of Activity for a nongovernment, other not for profit organization (ONPO)? Select one: 0

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Which of the following would not be reported in the Statement of Activity for a nongovernment, other not for profit organization (ONPO)? Select one: 0 a. Purchase of fixed assets from contributions. O b. Gain on sale of investments. c. Revenues for restricted contributions expended for the restricted purpose in the current year but received in cash in a prior year. O d. Depreciation expense. ngove n ent not for profit hospital received an uncondi nal pledge in 20 from a do or specifying that the amount be used in 20X2 The donor paid te pledgein cash in 20X1 Select one O a Unrestricted net assets at the end of 20X0 O b. Permanently restricted net assets in the balance sheet at the end of 20x0, and in unrestricted net assets at the end of 20X1 c. Temporady restricted net assets ite balance sheet at end of 20X0, and in unrestricted net assets at the end of 20X2. O d Temporarily restricted net assets in the balance sheet at the end of 200XO, and in unrestricted net assets at the end of 20x1 The pledge should be enote Which of the following contributions would not have to be reported as an asset on the statement of financial position of a not for profit organization? Select one: O a. An art collector donated a famous oil painting to a local nongovernmental art museum for display in its exhibit hall. O b. The original courthouse was donated to the Historical Preservation Society that is converting the courthouse to a museum O c. Land was donated to the Friends of the Forest Society for conversion into a nature trail d. None of the above donated assets would have to be reported on the balance sheets of the not for profit organization. Amangovemment, not for proft ergmication received a ceh donation of $100.000 ted for a pecic opesting purpoe Only $20,00 of the donstion was sn during the ourrert year How should the donaton be reported be in the sttement of ies? Saloct and a Temerartyrenited menues, $100,000 O d Temperarily reicted eve0,00, and unrebicted reveues of $20,000

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