United Charities Accepted a Contribution from a Donor and Agreed

question 53

Multiple Choice

United Charities accepted a contribution from a donor and agreed to transfer the assets to Aid for Friends, a not-for-profit that provides temporary shelter to the homeless.United Charities should debit cash or other assets and credit

• A)Unrestricted revenue.
• B)Temporarily restricted revenue.
• C)Liability to Aid for Friends.
• D)United Charities should not make an entry.

---

Definitions:

Atactic Poly(acrylonitrile)

A type of polyacrylonitrile polymer where the methyl side groups are randomly distributed along the polymer chain, leading to an amorphous material.

Anionic Polymerization

A type of chain growth polymerization where the reactive center is an anion, allowing for the synthesis of polymers with narrow molecular weight distribution.

Chain Branching

Refers to the creation of alkyl branches from a main carbon chain in organic molecules, affecting physical and chemical properties.

Cationic Polymerization

A type of polymerization where the polymer growth occurs through the reaction of a cationic initiator with a monomer forming a polymer chain.