Identify and research one not-for-profit organization

Assignment Help Financial Accounting
Reference no: EM131219185

Identify and research one (1) not-for-profit organization and provide the Web link to the most recent financial report of the organization. Provide at least two (2) examples of the statements either following or not following the guidance provided by FASB 117.

Reference no: EM131219185

Questions Cloud

Net cash flow from operating activities using direct method : Compute net cash flow from operating activities using the direct method. Prepare a statement of cash flows using the indirect method.
Prepare statement of cash flows using the indirect method : Condensed financial data of Pat Metheny Company for 2014 and 2013 are presented below. PAT METHENY COMPANY COMPARATIVE BALANCE SHEET AS OF DECEMBER 31, 2014 AND 2013 2014 2013 Cash $1,810 $1,100 Receivables 1,758 1,306 Inventory 1,583 1,901 Plant ass..
Prepare balance sheet reflecting basis and fair market value : Phoebe and Parker are equal members in Phoenix Investors, LLC. They are real estate investors who formed the LLC several years ago with equal cash contributions. Phoenix then purchased a parcel of land. At the contribution date, what is Reece’s basis..
Finished the total assets equal total liabilities and equity : On June 1 of the current year WIlson Wood opened Woody's Web service. The corporation had the following transactions. You are required to record these transactions using a spreadsheet format. The first transaction increases  the cash account by $8000..
Identify and research one not-for-profit organization : Identify and research one (1) not-for-profit organization and provide the Web link to the most recent financial report of the organization. Provide at least two (2) examples of the statements either following or not following the guidance provided by..
When product costs reflect the actual direct material costs : When product costs reflect the actual direct material costs, actual direct labor costs, and estimated overhead costs, the cost system being used is a(n):
What is the predetermined overhead rate per tin : Jordan and Taylor became friends after meeting on a reality cooking show. They have recently decided to start an Internet business to sell their delicious chocolate brownies. Their knowledge of business, unlike their totally awesome culinary skills, ..
Application of the full disclosure principle : Application of the full disclosure principle
Manufacturing overhead to production based on direct labor : The Sexton Company allocates manufacturing overhead to production based on direct labor hours. The following information is available: Estimated manufacturing overhead $227,520 Actual manufacturing overhead $225,760 Estimated direct labor hours 18,00..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Discuss depreciation as a tool for managing utility of asset

Discuss depreciation as a tool for managing and evaluating the life and utility of assets of the firm. What are the methods and under what conditions would each method be used and applied?

  Payback method of analyzing capital purchases

Why should the payback method of analyzing capital purchases never be used as the sole basis for decision making?

  What is future value of annuity-compounded continuously

What is the future value of an annuity of 17 deposits of $2300 each year with nominal rate of interest being 10% compounded continuously?

  Calculate the net present value and profitability index

BAK Corp. is considering purchasing one of two new diagnostic machines. -Calculate the net present value and profitability index of each machine. - Assume a 9% discount rate.

  Prepare the third-quarter production budget for skis

Black diamond company produces snow skis. Each ski requires 2 pounds of of carbon fiber. the company’s management predicts that 5,000 skis, and 6,000 pounds of carbon fiber will be in inventory on june 30 of the current year and that 150,000 skis wil..

  Describe the purpose of a flexible budget

Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change. Do you agree? Explain.

  Prepare northern bell''s consolidated financial statements

Prepare Northern Bell's consolidated financial statements for December 31, 20X9, assuming that Golden Bell's functional currency is a)  the Canadian dollar, and  b)  the foreign currency unit.

  Journal entries prepare journal entries necessary in the

journal entries. prepare journal entries necessary in the fund-based and government-wide journals to record each of the

  Will she have to include any amount in assessable income

Based on this information what amount can Katie claim as a tax deduction for the year ended 30 June 2014? Will she have to include any amount in assessable income? Support your discussion with reference to appropriate authority.

  What percentage of assets controlled by scully corporation

What percentage of the total assets controlled by Scully Corporation does its common stock equity represent? How does a holding company effectively provide a great deal of control for a small dollar investment?

  Transactions for the village of sycamore general fund

For each of the summarized transactions for the Village of Sycamore General Fund, prepare the general ledger journal entries.

  Compute the amount to be shown in the balance sheet

Assuming Curtiss uses the percentage-of-completion method of accounting for long-term construction contracts, compute gross profit or loss to be recognized in each of the three years.

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!

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