What is the difference between conditional and unconditional pledges? What effect does this distinction have on revenue

Question:

What is the difference between conditional and unconditional pledges? What effect does this distinction have on revenue recognition?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

See More Books

Question Posted: Oct 25, 2014 05:05 AM

See More Questions

What is the difference between revenue and capital expenditures?
What is the difference between an unconditional and a conditional pledge? How are the two pledges reported?
What is the difference between binary and general semaphores?
Q-1 A motor car shaft consists of a steel tube 30 mm internal diameter and 4 mm thick. The engine develops 10 kW at 2000 r.p.m. Find the maximum shear stress in the tube when the power is transmitted...
One example of a water system is a garden hose that waters a garden. Another is the cooling system of an automobile. Which of these exhibits behavior more analogous to an electric circuit? Explain.
A rectangular plate is supported by three cables as shown. Knowing that the tension in cable AD is 195 lb, determine the components of the force exerted on the plate at D. 36 Dimnensios in nehes
Prepare a statement of cash flows for the New Zealand Dairy Company for the year ended January 31, 2018. Interpret your results. New Zealand Dairy Company Balance Sheet for 01/31/2017 and 01/31/2018...
Spiro Company produces commercial gardening equipment. Since production is highly automated, the company allocates its overhead costs to product lines using activity-based costing. The costs and cost...
5. Identify the type of each of the following reactions stating reason for your answers: (a) Fe2O3 + 2Al 6. Al2O3 + 2Fe + heat (b) Pb(NO3)2 + 2KI PbI2 + 2KNO heat (c) ZnCOg ZnO + CO2 In the...
Consider the network of Fig. 5-15(a). Imagine that one new line is added, between F and G, but the sink tree of Fig. 5-15(b) remains unchanged. What changes occur to Fig. 5-15(c) Figure 5-15 A A D (...
What classificational detail must a not-for-profit organization present for expenses? What are the major classifications of expenses? Distinguish between them.
What is the difference between restricted and unrestricted contributions? What effect do restrictions have on revenue recognition?
Mark Cotteleer owns a company that manufactures canoes. Actual demand for Marks canoes during each season in 2015 through 2018 was as follows: Mark has forecasted that annual demand for his canoes in...
using the this link https://www.epa.gov/laws-regulations answer the following questions : 1) name and explain the purpose/ goal of one major environmental law that is mentioned in chapter 4. (...
Teach me how to //replace with keyboard input yourself in the main And Output all the information stored (including the baby sound) in the Baby array to a file (Baby.txt) Explain what is...
I need to make this code read a .xml file. I created the .xml file in word and saved it as a .xml file. I put it in the corresponding NetBeans Project File but it keeps showing errors when I run it....
Use Figure 2.1 to justify the assumption that a typical bacterial cell (that is, E. coli ) has a surface area of 6 m2 and a volume of 1m3. Also, express this volume in Femtoliters. Make a...
WalkingPad is developing an aggregate plan for its folding treadmills. The company has collected the following key inputs in Table 1. Table 1 Parameter Hiring Cost per unit Layoff Cost per unit Cost...
For the circuit shown in Fig. 29-5, the resistance R is 5.0 and = 20 V. Find the readings of the ammeter and the voltmeter. f Is 12.0 V 2.02 * 8.0 V a V Fig. 29-5 70 2 d A 0
Prove the result that the R 2 associated with a restricted least squares estimator is never larger than that associated with the unrestricted least squares estimator. Conclude that imposing...
Suppose events elsewhere in the world lead to an increase in demand for Japanese yen, as investors seek a safe haven for their funds. How would this development affect Japanese exporters and Japans...
Using the following purchases journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary ledger...
Using the following cash payments journal, identify each of the posting references, indicated by a letter, as representing (1) a posting to a general ledger account, (2) a posting to a subsidiary...
The debits and credits from three related transactions are presented in the following creditor's account taken from the accounts payable ledger. Describe each transaction, and identify the source of...
Wanda is reviewing her tax returns from the previous year and is shocked at how much tax she paid the government. She had good income but had to pay a large number of self-employment taxes on top of...
Katies Cleaning Service has cleaning contracts for 15 apartments, 45 family homes, and 25 office buildings. She estimates that an apartment takes 4 hours to clean, a home takes 6 hours to clean, and...
1. Quikpak sells returnable containers to major food processors. The price received for the containers is 2 per unit. Of this amount 1.25 is profit contribution. Quikpak is considering an attempt to...

What is the difference between conditional and unconditional pledges? What effect does this distinction have on revenue

Question:

Step by Step Answer:

Conditional pledges are pledges that are made subject to provisions conditions that r...View the full answer

Governmental and Nonprofit Accounting

Students also viewed these Accounting questions