For items (1) through (5), determine whether the transaction should be recorded in the 2018 statement of activities as an increase in: A. Unrestricted net assets. B. Temporarily restricted net assets....


For items (1) through (5), determine whether the transaction should be recorded in the 2018 statement of activities as an increase in:


A. Unrestricted net assets.


B. Temporarily restricted net assets.


C. Permanently restricted net assets.


D. Either unrestricted or temporarily restricted net assets.


1. The receipt of the $4,000,000 gift


2. The $100,000 in dividend income


3. The $300,000 unrealized gain


4. The $100,000 in dividend income, assuming the lecture series is not to begin until 2019


5. The $300,000 unrealized gain, assuming the lecture series is not to begin until 2019



Jan 10, 2022
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