Question: Select from the option list provided the proper cash flow classification for each transaction. Each choice may be used once, more than once, or not
Select from the option list provided the proper cash flow classification for each transaction. Each choice may be used once, more than once, or not at all.
TransactionAnswer Cash paid as regular salaries.
Purchase of unrecognized collection items.
Investment income from a donorrestricted endowment fund. Donorrestricted to increasing the fund.
Proceeds from sale of a primary office building.
Premium payment on a groupterm life insurance policy for employees.
Receipt of donorrestricted funds to improve program services by purchasing new computers.
Receipt of funds resulting from an unconditional promise to give.
Interest without donor restrictions received from a certificate of deposit.
Cash paid to support a program service of the NFP
Cash donorrestricted to establish a donorrestricted endowment fund.
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