Accounting principles for nonprofit organizations

Reference no: EM13760756

1. Explain how fund accounting principles for nonprofit organizations affect routine revenue type journal entries.

2. Do you think that nonprofits should continue to abide by the wishes of contributors who donated on the basis of a specific use of their donation, or, during tough economic times, should they ask these contributors to relax any restrictions they placed on the use of these funds?

Reference no: EM13760756

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