slidenotes - 17:33 SLIDE8 Havetodecideif:unrestricted,,...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
17:33 SLIDE 8 Have to decide if: unrestricted, temporarily restricted, permanently restricted SLIDE 9  3 different types of net assets/equity -all requires that 3 done separated -either in 3 different statements -or combine all three together (3 separate columns or like one above another  (pancake))  when all together Statement of Activates Restrictions imposed by outside donor, like use of time  donor imposition has the force of the law managing cannot undue that Net assets restricted (only imposed by outside donors) (only undone by a donor) permanently restricted and temporarily restricted unrestricted 
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
designated and undesignated Learning body of organization can set aside an amount of money for this purpose if they realize that they cant afford it they can undo it Designation done by internal network authority Even if designated still unrestricting Revenues vs. Support
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 8

slidenotes - 17:33 SLIDE8 Havetodecideif:unrestricted,,...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online