What are some examples of temporarily restricted net assets

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Reference no: EM13864247

1) under FASB, for a private not-for-profit health care entity - discuss the accounting requirements for each of the following:

a) an endowment gift received in cash

b) Pledge received in one year, restricted as to purpose but unrestricted for use in the following year.

c) Pledge received in one year, restricted as to purpose other than acquisition of fixed assets, which is fulfilled in the following year.

2) Please describe what happens when a charitable lead trust is irrevocable? What is the accounting treatment?

3) what are some examples of temporarily restricted net assets?

Reference no: EM13864247

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What are some examples of temporarily restricted net assets : under FASB, for a private not-for-profit health care entity - discuss the accounting requirements for each of the following: Please describe what happens when a charitable lead trust is irrevocable? What is the accounting treatment? what are some ex..

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