Exam Review - Exam Review 1. can do all four of them in one...

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Exam Review 1. can do all four of them in one or do all four of them seperately cash- temp restricted cash without any qualitfiation = unrestricted cash (a) unrestricted contribution cash TR (b) tempoary restricted contributions cash perm ( c) perm restricted contributions cash-plant purposes temp restrcited contributions 1.1 350000 1.4 500,000 1.1 350000 1.4 500,00 cash= tr cash - perm notice d part stipulation is for future use and only for plant purpose since future use and says restricted for 3 years for plant expansion (after 3 years can use) three years expired, can use, Need to do the reclassifcation at this stage calssifiy from temp restricted to unrestricted but no! cause have not put to use for plant purposes HAVE TO SATISFY BOTH CONDITIONS' Statement of Activites reclassification of either time or purpose , so then would be classified under the purpose have to sastify the time first then the purpose. When second condition meet then variable for class NON eXchange TRaNSACTIONS
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Exam Review - Exam Review 1. can do all four of them in one...

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