User Account

All Pages

When should an nfpo make a reclassification

Assignment Help Accounting Basics
Reference no: EM13872727

When should an NFPO make a reclassification of its net assets? 

Reference no: EM13872727

Questions Cloud

Discuss the meaning of fair value when applied to an nfpo : Discuss the meaning of fair value when applied to an NFPO investments, and give examples of how fair value may be determined.
What are the two components of total return for a bond : Suppose the market for lending is risk-free and perfectly efficient. Use an arbitrage argument to show there can only be one market interest rate. What are the two components of total return for a bond? How do bond dealers make money?
Decide to deposit equal annual contribution to college fund : A child is born this year. On it's first birthday [after 1 year], the parents decide to deposit an equal annual contribution to the college fund that will earn 8%, compounded annually. How much should they deposit at the end of each year so that it w..
What circumstances does the organization : Under what circumstances must an NFPO recognize a contributed work of art as revenue? Under what circumstances does the organization have an option not to recognize it as revenue?
When should an nfpo make a reclassification : When should an NFPO make a reclassification of its net assets?
Flash flood damaged the warehouse : On June 30, 2010, a flash flood damaged the warehouse and factory of Padway Corporation,
Discuss the differences between a donor imposed : Discuss the differences between a donor imposed restriction and a conditional promise to give. How is each reported in the financial statements?
Given the changing and globalized nature of organizations : Given the changing and globalized nature of organizations, how do you think communication within projects is changing? Also, what do you think are the important elements of a Project Communications Plan?
Illustrate the kinds of restrictions that donors : Illustrate the kinds of restrictions that donors may impose on the use of resources they contribute to NFPO.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Cornucopia inc is planning to invest in new manufacturing

cornucopia inc. is planning to invest in new manufacturing equipment to make a new garden tool. the new garden tool is

  Prepare the entry for the sale

A company purchases a $100,000, 10-year bond on January 1, 19X1 at 107. After 5 years, it sells the bond at 102. Prepare the entry for the sale.

  Underapplied or overapplied overhead into cost of goods sold

Assume that Ortega closes underapplied or overapplied overhead into cost of goods sold. What is the final (i.e adjusted) balance in cost of goods sold?

  Calculate the amount of total liabilities that abc company

1.question 1 optionsa firm has an roi of 15 turnover of 3 and sales of 6 million. calculate the firms margin.enter your

  Assuming that the entire amount of the underapplied or

cretin enterprises uses a predetermined overhead rate of 21.40 per direct labor-hour. this predetermined rate was based

  Basis of the adjustment data in the work sheet

Prepare an income statement, a statement of owner's equity, and a balance sheet and on the basis of the adjustment data in the work sheet, journalize the adjusting entries.

  If there are so many generally accepted accounting

if there are so many generally accepted accounting principles gaap and outside auditors auditing company books why have

  Soft touch company was started several years ago

Prepare the statement of cash flows for the current year ended December 31 using the indirect method. Use the statement of cash flows to evaluate the company's cash flows.

  What is the entry to record the activity

A replacement was made to the HVAC of a building the MNO owns. The HVAC consisted of 10 units on the roof. What is the entry to record the activity?

  Access the internet to acquire copy of most recent annual

access the internet to acquire a copy of the most recent annual report for the publicly traded company used to complete

  You are considering a 30-year 1000 par value bond its

you are considering a 30-year 1000 par value bond. its coupon rate is 11 and interest is paid semiannually. if you

  Shuck inc bases its manufacturing overhead budget on

shuck inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the direct labor budget indicates

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd