User Account

All Pages

How much donation revenue should the not-for-profit

Assignment Help Accounting Basics
Reference no: EM132601876

Question - A not-for-profit organization receives a restricted contribution of $30,000 to be used for a specific project. During the current year, $11,000 is spent toward the project with the balance to be spent next year. How much donation revenue should the not-for-profit organization recognize in the current year, if the organization uses the deferral method of reporting?

Reference no: EM132601876

Questions Cloud

What entries would be required : Accounts payable closes on the last day of the month. The following invoice was received after the close, what entries would be required.
What entry would be required to show the correct ytd expense : 1 January 2019 to 31 December was fully expensed in March 2019. What entry would be required to show the correct YTD expense of that licence fee?
List three design goals for firewall : List three design goals for a firewall. What information is used by a typical packet filtering firewall?
What is the present value of annuity today : What is the present value of this annuity today, if the annual interest rate is 7%?
How much donation revenue should the not-for-profit : How much donation revenue should the not-for-profit organization recognize in the current year, if the organization uses the deferral method of reporting
Find the new turbine is installed and ready for use : Prepare required entry, if n/a. The new turbine is installed and ready for use at a HT location on 30 April, the exchange rate on 30 April is 0.6.
What is helping or hindering your transition : Create a Word document. Address the three domains below, using the prompts. Label each section clearly. Since this is your personal account.
What is the end of year profit or loss : What is the end of year profit or loss (in Australian $) on the bank's position if in one year the exchange rate falls to $0.55 per Chinese Yuan?
Routers to block traffic and firewall blocks traffic : Explain the difference between an access control list (ACL) that is used in routers to block traffic and how a firewall blocks traffic.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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