Save the Children Foundation has the following types of cash receipts and disbursements during its current...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Save the Children Foundation has the following types of cash receipts and disbursements during its current fiscal year. Indicate in which categories each of these flows would be reported in the Foundation's statement of cash flows a. Unrestricted contributions b. Sales of handmade crafts c. Contributions restricted to capital asset acquisition d. Contributions to endowments e. Investment earnings on endowments, not required to be added to the endowment f. Salaries g Interest paid on short-term loan h. Capital asset purchases i Investments sold jShort-term loan proceeds k. Contributions made to other organizations 1. Capital lease payments. Save the Children Foundation has the following types of cash receipts and disbursements during its current fiscal year. Indicate in which categories each of these flows would be reported in the Foundation's statement of cash flows a. Unrestricted contributions b. Sales of handmade crafts c. Contributions restricted to capital asset acquisition d. Contributions to endowments e. Investment earnings on endowments, not required to be added to the endowment f. Salaries g Interest paid on short-term loan h. Capital asset purchases i Investments sold jShort-term loan proceeds k. Contributions made to other organizations 1. Capital lease payments.
Expert Answer:
Answer rating: 100% (QA)
solution indicating in which categories each of these flow... View the full answer
Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: ?978-0073379609
15th Edition
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
Posted Date:
Students also viewed these accounting questions
-
Revenue and Related Transactions. During its current fiscal year, Dearborn General Hospital, a not-for-profit health care organization, had the following revenue-related transactions (amounts...
-
A list of cash receipts and cash payments for Exis Communications is presented below. Classify each amount as operating, investing, or financing. Use the direct method. Cash Receipt or Payment Cash...
-
A list of cash receipts and cash payments for Mexis Communications is presented below. Classify each amount as operating, investing, or financing. Use the direct method. Cash Receipt or Payment Cash...
-
Approximately 8.33% of men are colorblind. You survey men from a large population until you find one who is colorblind. a. Explain in words what X is in this situation and what values it can take. b....
-
Use a graph to illustrate the effect of each event. Dairies make low-fat milk from full-cream milk. In the process of making low-fat milk, the dairies produce cream, which is made into ice cream. In...
-
Matthews and Thomas, the systems consultants in P9-3, budgeted overhead and other expenses as follows for the year ended December 31, 2011: Overhead: Depreciationequipment . . . . . . . . . . . . . ....
-
Water flows from a two-dimensional open channel and is diverted by an inclined plate as illustrated in Fig. P5.78. When the velocity at section (1) is \(10 \mathrm{ft} / \mathrm{s}\), what horizontal...
-
What are the advantages and disadvantages to Apple of using an independent third-party auditor, rather than rely solely on its own internal audits?
-
Under what circumstances do you think a company would seek private debt ( soliciting from a single party ) rather than public debt ( an open - to - the - public issuance, like a bond ) ?
-
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable costs (cleaning, bathroom items, etc.) each night a room is occupied. For...
-
Q5) (1%) A stock is worth 15 today. i) Suppose that in a month, the stock price can rise by 10% or fall by 15%. If the riskless interest rate r 5%, what is the price of a Euro- pean call option that...
-
Research and discuss whether or not the following can be defined as family businesses: Sainsburys, A. F. Blakemore & Sons, Mitchells Hotels and Inns, Michelin.
-
What factors should be taken into account when considering the performance of female-owned businesses?
-
Given the widespread emancipation of women, do you believe that researchers should continue to investigate gendered experiences of entrepreneurship? Explain your reasoning.
-
Why is the debate regarding definitions surrounding social entrepreneurship and social enterprise important?
-
The three-phase source line-to-neutral voltages are given by \(E_{a n}=10 \angle 0^{\circ}\), \(E_{b n}=10 \angle+240^{\circ}\), and \(E_{c n}=10 \angle-240^{\circ}\) volts. Is the source balanced?...
-
Prompt 1. Use the Tuckman model to identify the current phase of team development in your project team. i. In 2-3 sentences, explain why you believe this phase properly identifies your team's state....
-
Consider the following cash flows in Table P5.5. (a) Calculate the payback period for each project. (b) Determine whether it is meaningful to calculate a payback period for project D. (c) Assuming...
-
Explain why governmental fund financial statements are insufficient for users seeking information about operational accountability.
-
Internet Case GASB. Examine the Governmental Accounting Standards Hoards Web site (www.gasb.org) and prepare a brief report about its mission and structure and the representative organizations on its...
-
Internet CaseRevenue and Expense/Expenditure Classification. Locate a comprehensive annual financial report (CAFR) using a citys Web site, or one from the Project Pages/Statement 34 link of the GASBs...
-
What are the differences among an onsite team, a virtual team, a task force, and a committee? What are some of the potential differences in dynamics between people in these different groups?
-
Compare and contrast disciplinary, interdisciplinary, and crossfunctional teams.
-
What are some of the unique challenges associated with teamwork in health care? How do you see teamwork fitting in with the accountable care organization (ACO) mandates? Describe three benefits and...
Study smarter with the SolutionInn App