Under FAS 117, private nonprofit organizations must show three classes of net assets (equity) in their statement of financial position: (a) ______________________________, (b) ______________________________, and (c) __________________________.
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Q16: Contributions of capital assets would usually be
Q17: Restrictions on long-lived assets classified as temporarily
Q18: Under FAS 117, private nonprofit organizations (NPOs)
Q19: Under FAS 117, private nonprofit organizations must
Q20: Under FAS 117, private nonprofit organizations must
Q22: The unrestricted net asset category in the
Q23: Under FAS 117, revenues, gains, and other
Q24: Under FAS 117, all expenses are shown
Q25: Under FAS 117, expirations of restrictions are
Q26: Voluntary health and welfare organizations must also
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