bellow are some of Habitat for Humanity's transactions for 2021.
Required
bellow is a list of categories on Habitat for Humanity's 2018 statement of activities.
For each of the transactions below, indicate where it appears, if at all, on the statement of activities. The item may be reported in one category or more than one category. Use the choices (A to E) to indicate the item's location(s) . Use chice (F) to indicate that the item does not appear on the statement of activities.
-An individual donates $100,000 for building houses in Southern California.
A) Contributions revenue-unrestricted
B) Contributions revenue-restricted
C) Expenses-reduction in net assets without restrictions
D) Net assets released from restrictions-reduction in net assets with restrictions
E) Net assets released from restrictions-increase in net assets without restrictions
F) Does not appear on the statement of activities
Correct Answer:
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