What is a revocable split-interest agreement and how is it recorded by a private college?

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Accounting for Governmental and Nonprofit Entities

ISBN: ?978-0073379609

15th Edition

Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus

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Question Posted: Dec 03, 2011 09:11 AM

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What is a revocable split-interest agreement and how is it recorded by a private college?

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Under a revocable splitinterest agreement the donor has a right to take back his or her gift und...View the full answer

Accounting for Governmental and Nonprofit Entities

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