Your organization has a grant that is restricted as to purpose, but is available to be consumed now. At the time of the financial statements, you have not yet utilized the grant (but you could have). This grant is properly shown as O a current asset O b. should be treated as an agency account Oc not at all, it should be in the income statement O d. fund balance O e. current liability Of non-current asset Og noncurrent liability on the balance sheet (statement of net assets).