Explain why would requirement exist for nfp organization

Assignment Help Financial Accounting
Reference no: EM13122863

Do you think is difficult for non-profit organizations to measures success? How they do it? Please share some examples.


Not-for-profits are required to classify assets into three categories, restricted, temporarily restricted and unrestricted. Why would this requirement exist for NFP organizations

 

Reference no: EM13122863

Questions Cloud

Compute the weighted average number of shares : Compute the weighted average number of shares to be used in computing earnings per share for 2010.
Compute distances by using trignometric functions : From the top of a building 70 meters high, the angles of depression of two objects that are directly east of the observation position are 38° and 25° respectively. find the distance between the objects.
Write null and alternative hypotheses for cell phone users : Write the null and alternative hypotheses. You want to see if the number of minutes cell phone users use each month has changed from its mean of 120 minutes 2 years ago.
What is the ph of the solution : 30.0 mL of 0.150 M CH3CO2H are titrated with 0.150 M NaOH. What is the pH of the solution after 15.0 mL of NaOH has been added. The Ka for acetic acid is 1.80 x 10-5
Explain why would requirement exist for nfp organization : ot-for-profits are required to classify assets into three categories, restricted, temporarily restricted and unrestricted. Explain why would this requirement exist for NFP organizations
Explain why would requirement exist for nfp organization : ot-for-profits are required to classify assets into three categories, restricted, temporarily restricted and unrestricted. Explain why would this requirement exist for NFP organizations
Cash flows from operating activities : Bent Co. reports a $20,000 increase in inventory and a $5,000 decrease in accounts payable during the year. Cost of Goods Sold for the year was $170,000. Using the direct method of reporting cash flows from operating activities, cash payments made..
Illustrate what is the amount of character of butte gain : Illustrate what is the amount of character of Butte's gain or loss?
What amount would appear in the july selling : What is the budgeted factory labor costs for July? What amount would appear in the July selling, general, & administrative expense budget?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find net income and retained earnings

Calculate net income and Retained earnings based on the information below. Be sure to show all work and label each answer clearly.

  What amount of revenue should wynn identify

Wynn, Inc. believes there are inherent hazards in contract beyond the normal, recurring business risks. Wynn, Inc. expects to recover all its costs under contract. Under these conditions, what amount of revenue should Wynn, Inc. identify in each o..

  Prepare the journal entries

Write the journal entries to reflect the percentage-of-completion method

  Allowance for doubtful accounts in the december 31

What amount should appear in the allowance for doubtful accounts in the December 31, balance sheet for the current year and How are the direct write-off method and the allowance method applied in accounting for uncollectible accounts receivables?

  Net cash flow to change either positively or negatively

The net cash flow to change either positively or negatively - Detemination of how much the depreciation change cause

  What value the random variable

What value the random variable will assume for each of the experimental outcomes and list the experimental outcomes associated with performing the blood analysis

  Prepare the current liability howell company''s balance sheet

Prepare the current liability section of Howell Company's balance sheet, assuming $25,000 of the mortgage is payable next year. Comment on Howell's liquidity, assuming total current assets are $450,000.

  Prepare a report on companys revenue for december

Prepare a report showing the spending variances and company's revenue for December.

  Purpose an income statement through gross profit

Purpose an income statement through gross profit and Prepare an income statement through gross profit for the year ended December 31, 2007

  Evaluate the firm''s sales, net income, and net cash flow

Evaluate the firm's sales, net income, and net cash flow

  How much will the capital accounts of mccune

how much will the capital accounts of McCune, Oakley and Nall increases, correspondingly, due to the revaluation of the assets and recognition of goodwill?

  Master budgeted income statement using variable costing

Master Budgeted income statement using Variable Costing and Overhead is applied on the basis of machine hours. The planned level of activity(denominator level) is 320,000 machine hours. The total budgeted fixed overhead is $800,000.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd