Dividends received from the securities

Reference no: EM13125571

An alumnus donates securities to St. Aloysius College, a private college, and stipulates that the principal be held in perpetuity and income from the securities be used for faculty travel. Dividends received from the securities should be recognized as increases in:

A. Endowments.

B. Unrestricted net assets.

C. Permanently restricted net assets.

D. Temporarily restricted net assets.

Reference no: EM13125571

Questions Cloud

Explain how has the sarbanes-oxley bill influenced : Explain how has the Sarbanes-Oxley Bill influenced reporting by governmental agencies and not-for-profit organizations? Does the Public Company Accounting Oversight Board have authority to establish auditing standards for not-for-profits?

Computing linear algebra-vector spaces : Consider R2 with the following rules of multiplications and additions: For each x=(x1,x2), y=(y1,y2): Is it a vector space, if not demonstrate which axioms fail to hold.

Budget constraint of a household in a two-period model : Describe how the budget constraint of a household in a two-period model is affected by each of the following changes. In each case, do you think that the household is better off or worse off, or is the answer ambigous? If ambigous, what does the a..

Find an example of an impairment of pp&e : find an example of an impairment of PP&E or a significant gain or loss (large enough to have an effect on the reported numbers) on the disposal of an asset by a publicly traded firm.

Dividends received from the securities : An alumnus donates securities to St. Aloysius College, a private college, and stipulates that the principal be held in perpetuity and income from the securities be used for faculty travel. Dividends received from the securities should be recognize..

Balancing equation to calculate correct number of moles : Balancing equation to calculate correct number of moles If CaC2 + 2 H2O --> C2H2 + Ca(OH)2 then, there are 65 grams of calcium carbide

Linear algebra-linear mapping : Consider the following linear mapping from C[-pi,pi] into itself: L(f)=integral from -pi to pi of G(x),h(y),f(y)dy for any function f(x) in C[-pi,pi].

Implications of parsons'' four-problem matrix : What are the positive and negative implications of Parsons’ four-problem matrix? Please provide at least one positive implication and one negative implication.

Calculate the company total required production in units : Calculate the company's total required production in units of finished product for the entire three month period ending September 30.

User Account

All Pages