19-1 - Travel is an additional cost of the services...

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E19-1 Multiple-Choice Questions on Colleges and Universities [AICPA Adapted] 1. a 2. c 3. a 4. c $7,500,000 assets - $4,500,000 liabilities 5. d $550,000 unrestricted + $330,000 of restricted 6. b $200,000 for fair value of donated services.
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Unformatted text preview: Travel is an additional cost of the services provided by the university. Expenses 218,000 Contribution Revenue 200,000 Cash 18,000...
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This note was uploaded on 04/18/2008 for the course ACCT cost taught by Professor Staff during the Spring '08 term at Oklahoma State.

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