Question: Gresham College is a local private college. When reviewing the colleges financial reports, you would expect to see which of the following categories on its

Gresham College is a local private college. When reviewing the colleges financial reports, you would expect to see which of the following categories on its statement of assets and liabilities? a. Unrestricted net assets, temporarily restricted net assets, and perma-nently restricted net assets. b. Unrestricted net position, temporarily restricted net position, and perma-nently restricted net position

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