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For each transaction of a nongovernmental NFP, select from the option list provided the most appropriate classification

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For each transaction of a nongovernmental NFP, select from the option list provided the most appropriate classification

Posted: Thu May 19, 2022 1:58 pm
by answerhappygod
For Each Transaction Of A Nongovernmental Nfp Select From The Option List Provided The Most Appropriate Classification 1
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options :
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For each transaction of a nongovernmental NFP, select from the option list provided the most appropriate classification in the statement of cash flows or in related disclosures. Each choice may be used once, more than once, or not at all. Transaction Classification E 国国 1. Receipt of cash contribution without donor restrictions. 2. Receipt of a cash contribution donor- restricted to purchase of equipment. 3. Contributed cash donor-restricted to increasing a donor-restricted endowment. 4. Interest earned on transaction 3. 5. Interest earned on investments without donor restrictions. 6. Receipt of a contribution of common stock 7. Cash flow from an insurance recovery of an unrecognized collection item. 8. Short-term, highly liquid investment donor-restricted to long-term purposes. 9. Reconciliation with a direct method presentation
Select an option below O Operating activities Investing activities 3 Financing activities O Financing activities and investing activities O Capital and related financing activities RESET CANCEL ACCEPT
Select an option below O Noncash investing and financing activities O Noncapital financing activities O Cash O Cash equivalents Investment asset RESET CANCEL ACCEPT
Select an option below O Cash Cash equivalents O Investment asset Permitted reconciliation to the indirect method O Required reconciliation to the indirect method O No reconciliation to the indirect method permitted RESET CANCEL ACCEPT
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