Select the most likely classification that is affected by each transaction of a not-for-profit entity. Your choices include: Net assets without donor restrictions, Net assets with donor restrictions, no effect on net assets. Each choice may be used once, more than once, or not at all. Transaction Answer 1. Legally restricted gains on investments. 2. Expenses reported by functional classification. 3. Contributions of services that do not create or enhance nonfinancial assets or require special skills. 4. Cost of collection items in a library available for public display. 5. Investment assets designated by the Board of Directors for a particular purpose. 6. Expenses reported by natural classification. 7. A conditional promise to give 8. Unconditional promises to give cash; amounts will not be collected until future periods. 9. Receipt of a gift that was restricted to the acquisition of a fixed asset that has now been purchased and placed in service. 10. Contributions to a University's endowment fund. Restricted NA not-Restricted NA NO effect on NA NA Without DR NA without DR NA without DR NA Without DR NA with DB