Question: Indicate how the following contributed service would be recorded by a private, non-profit organization: A karate instructor donates time conducting self-defense courses for the local
Indicate how the following contributed service would be recorded by a private, non-profit organization:
A karate instructor donates time conducting self-defense courses for the local YWCA.
| The contribution is not recorded. |
| The contribution is recorded as revenue with an equal amount recorded as expense. |
| The contribution is recorded as revenue with an equal amount recorded as other financing uses. |
| The contribution is recorded as an asset with an equal amount recorded as expense. |
|
Indicate how the following contributed service would be recorded by a private, non-profit organization: Several members of a local church donated time delivering meals to elderly members.
Indicate how the following contributed service would be recorded by a private, non-profit organization: Several members of the Penn State Harrisburg baseball team donated time coaching a team in the local little league.
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