Private university, contributions. Indicate with choices (a) through
(f) how the following events are recorded in a private university:
a. Credit Contributions—Unrestricted
b. Credit Contributions—Temporarily Restricted
c. Credit Contributions—Permanently Restricted
d. Credit Refundable Deposits
e. Credit Fund Balance
f. No entry
1. Receipt of an unconditional cash contribution.__________________
2. Receipt of cash to be used for a specific purpose.__________________
3. Receipt of an unconditional promise to give._________________
4. Receipt of an unconditional promise to give over a 5-year period.______________
5. Receipt of investments that are to be used to set up an endowment with earnings available for operations._______________
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