-
for Case (B) Above, What Is the Transferred-In (TI)

question 35

Multiple Choice

$$\begin{array} { l r r r } & \text { Case (A) } & \text { Case (B) } & \text { Case (C) } \\\text { Beginning Balance (BB) } & \$ 36,520 & \$ 15,10 0 & \$ 5,600 \\\text { Ending Balance (EB) } & ? & 11,400& 12,200 \\\text { Transferred In (TI) } & 166,200 & ? & 68,400 \\\text { Transferred Out (TO) } & 164,400& 93,200 & ?\end{array}$$
-
For Case (B) above, what is the Transferred-In (TI) ?

• A) $96,900.
• B) $119,700.
• C) $89,500.
• D) $66,700.

---

Definitions:

Endowment Principal

The core capital in an endowment, which is invested to generate income while preserving the original amount.

Payout

The process of distributing funds by foundations and trusts to meet legal requirements or fulfill their mission.

Accrual Basis

An accounting method where revenue and expenses are recorded when earned or incurred, regardless of when cash transactions occur.

Expenditures

The action of spending funds or an amount of money spent on a particular purpose, product, or service.