Problem 2 to Record Contribution Revenue (In a Nonrestricted

question 4

Essay

Problem 2 To record contribution revenue (in a nonrestricted fund) (The portion of the contribution that was spent in the same year as it was received may be recorded as nonrestricted revenue.) To record the remaining balance of the contribution (in a donor restricted fund).
d. Endowment earnings To record investment income (in a nonrestricted fund). The entire amount is nonrestricted in as much as the spending restriction was imposed by the board, rather than by outside donors.
e. Increase in market value of investments To record the increase in market value of investments (in a nonrestricted fund). As indicated in the problem, income from endowments is nonrestricted.
f. Depreciation To record depreciation expense (in a nonrestricted fund)
g. Others operating expenses To record the other operating expenses (in a nonrestricted fund)
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h. Building fund pledge

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Definitions:

Being Civil

The act of being polite and respectful in interactions with others, demonstrating good manners and courtesy.

Basic Manners

Fundamental etiquettes or behaviors expected by society to be demonstrated in social or professional settings.

Romantic Relationships

Emotional and physical partnerships between individuals that often involve love, attraction, and a commitment to one another.

Subordinates

Employees or team members who are lower in rank or position and report to a supervisor or manager.