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Being that you are an inquisitive person and wish to add to your knowledge base, you ask your new accountant to teach you about fund accounting that is used in nonprofit financial accounting. Specifically, you asked her the following:
Explain how fund accounting principles for nonprofit organizations affect routine revenue type journal entries.
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?
In your own words, please post a response to the Discussion Board and comment on other postings. You will be graded on the quality of your postings.
Comparison of Investment based on Payback, NPV, IRR and Profitability Index and require a 15 percent return on your investment.
Evaluate a company's annual financing cost of this commercial paper financing
Should the Brinkers accept this offer right away? What quantitative factors and what operational, qualitative or strategic factors should Five-speed and Wilbur take into account in making this decision?
Evaluate Joe's adjusted basis in his EFG Inc. stock after the distribution?
multiple choice questions on balance sheet and financial ratios.1.the term receivables refers toa.amounts due from
What kind of pension plan does P&G provide its employees in the United States and what was P&G's pension expense for 2009, 2008, and 2007 for the United States?
On the issue date, the annual market rate for these bonds is 8%, which implies a selling price of 93¼. The straight-line method is used to allocate interest expense. Illustrate what are the issuer's cash proceeds from issuance of these bonds?
ot-for-profits are required to classify assets into three categories, restricted, temporarily restricted and unrestricted. Explain why would this requirement exist for NFP organizations
sessegnon ltd income statement for the year ended 31 december 2011nbsppound000spound000ssalesnbsp1690cost of
Compute the EPS amounts that TaylorT should report for 20X2 and calculate basic and diluted earnings per share figures for 20X2.
on 12th july 2011 fred city ordered a new computer at an anticipated cost of 114400. the computer was received on july
Briefly describe Metaphors credit card policy
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