bellow are some of the New York State Society of CPAs (NYSSCPA) transactions for 2021.
Required
For each item above, indicate what category of net assets it affects on the NYSSCPA 2021 statement of activities, if any. Use the abbreviations listed bellow.
Net assets without donor restrictions (NR)
Net assets with donor restrictions (R)
Does not affect net assets (N/A)
-The organization receives cash contributions for general use.
A) NR
B) R
C) N/A
Correct Answer:
Verified
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