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The following information applies to the next three questions:
A private foundation made a multi-year pledge to a private college on December 31, 2013, the last day of the fiscal year. The pledge was to pay $12,000 per year each year for five years, beginning on December 31, 2014. The discount rate is 6%. The present value of five payments of $12,000 is $50,548. The present value of four payments of $12,000 is $41,581. No purpose or plant restrictions were involved.
-As of December 31,2013,the contribution revenue would be classified as:
Cell Body
The spherical part of a neuron that contains the nucleus and connects to the dendrites, which bring information to the neuron, and the axon, which sends information to other neurons.
Neuron
A nerve cell that is the basic building block of the nervous system, responsible for transmitting information throughout the body.
Genetic Information
Data about an organism's genes, including variations and mutations, that can influence health, traits, and disease risk.
Axons
Long, slender projections of neurons that transmit electrical impulses away from the neuron's cell body to other neurons, muscles, or glands.
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