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)
-A large cash balance has accumulated, and the Board of Directors decides to designate it for undergraduate scholarships.
A) NR
B) R
C) N/A
Correct Answer:
Verified
Q98: An alumnus of Cedar Valley University donates
Q99: Lakeland School, a private NFP organization, has
Q100: Northeast Health Services, a not-for-profit private
Q101: bellow are some of the New York
Q102: bellow are some of the New York
Q104: bellow are some of the New York
Q105: bellow are some of the New York
Q106: bellow are some of the New York
Q107: bellow are some of the New York
Q108: bellow are some of the New York
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents