Question: Presented below are financlal statements ( except cash flows ) for two not - for - profit organizations. Neither organization has ary permanently restricted net
Presented below are financlal statements except cash flows for two notforprofit organizations. Neither organization has ary permanently restricted net assets.
tableStatement of Activities,ABC NotforProfit,XYZ NotforProfitUnrestrictedTemporarily Restricted,Unrestricted,Temporarily RestrictedRevenuesProgran service revenue,$ $ eeContribution revenues,$ Grant revenue,,$eNet gains on endowment investments,$Net assets released from restriction,,,,Satisfaction of progran restrictions,ee
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