ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
18th Edition
ISBN: 9781307515596
Author: RECK
Publisher: MCG/CREATE
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Chapter 14, Problem 14.4EP

In a local NFP elementary school’s statement of cash flows, a contribution restricted for use on a new building project would be reported as

  1. a.      A financing activity.
  2. b.      A capital and related financing activity.
  3. c.       An investing activity.
  4. d.      An operating activity.
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