118.Identify three types of restrictions placed on temporarily restricted net assets of a private sector college or university and outline the accounting requirements for each type. 119.What...

118.Identify three types of restrictions placed on temporarily restricted net assets of a private sector college or university and outline the accounting requirements for each type.

119.What accounts appear in the equity section of the balance sheet for a college, assuming the college is:

A. Public – government owned

B. Private not-for-profit

C. For Profit - Investor owned business

120.Identify the primary financial reporting body for each of the following forms of college or university

A. Private not-for-profit

B. For Profit - Investor owned

C. Public – government owned