You were asked to make a presentation to a group of CSEC students on some areasrelated to non-profit making organisations. The specific areas are:i difference between accounts for non-profit and for-profit organisations11. examples of non-profit organisations in your country111.an explanation of the use of a subscription accountiv. preparing a subscription account from given dataFor your presentation, research (i), (ii), (iii) and use the data below to complete (iv).A drama club charges its members an annual subscription of $40 per member. It accruesfor subscriptions owing at the end of each year and also adjusts for subscriptions receivedin advance.i.ii.111.On January 1, 2022, 36 members owed $720 for the 2021yearIn December 2021, 8 members paid $160 for the year 2022During the year 2022 the club received cash for subscriptions $$14,840$720$13840$280iv. At the end of December 31, 2022, 11 members had not paid their 2022 subscriptions.For 2021For 2022For 2023

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You were asked to make a presentation to a group of CSEC students on some areas related to non-profit making organisations. The specific areas are: i difference between accounts for non-profit and for-profit organisations 11. examples of non-profit organisations in your country an explanation of the use of a subscription account 111

You were asked to make a presentation to a group of CSEC students on some areas related to non-profit making organisations. The specific areas are: i difference between accounts for non-profit and for-profit organisations 11. examples of non-profit organisations in your country an explanation of the use of a subscription account 111

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 12Q: Charity Navigator (https://www.charitynavigator.org) is a website dedicated to providing information...

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Use the internet to research one for-profit, one governmental, and one not-for-profit entity. For each entity, describe the following: A. the primary purpose of the entity B. the types of activities that accountants would record (hint: what is the source of the entitys funding, and what costs might the entity have?) C. the types of decisions that might be made in this organization and how financial and nonfinancial information might help the decision-making process
What is the major source revenue in non profit organization? Select one: a. Membership fees b. Sales goods c. Goods service d. All the other points
Please help with the following: Review FASB Statement of Financial Accounting Concept No. 1, No. 4, and No. 8, as well as GASB Statement No. 1. Compare the financial reporting needs of the users of governmental, nonprofit, and for-profit entities. Identify a local government, nonprofit, and for-profit business in your community, and describe the resource providers/users for each type of organization. Explain the need for information for each resource provider/user group. Discuss how the objectives of the financial reporting listed for each type of organization meet these needs.
Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs do in 30 minutes
Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs plz do in 30 minutes
Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs plz do fast as soon as possible
Select one of the following nonprofit organizations:1.The American Accounting Association2.American Red Cross3.United Way4.American Cancer Society5.American Institute of CPAsUse the Annual Report of the organization you have selected to:a. Identify the financial statements that the entity presents and what additional disclosure it presents.b. Analyze how contributions are recognized (contributions revenues). Does the organization have net assets with restrictions imposed by donors? What is the nature of the restrictions?
Please ASAP. Please give a brief explanation. Thank you. Define and discuss the concept of the double bottom line as it relates to management of nonprofit organizations. Should the success of nonprofit leaders be measured by both bottom lines?
Which of the following best describes a non-profit organization? One in which the leadership is governed by a board of directors O One in which the workforce is made up of volunteers O One that reinvests profit into the organization instead of distributing it to owners One that relies solely on private donations for the organization's financial needs do fast
Charity Navigator (https://www.charitynavigator.org) is a website dedicated to providing information regarding not-for-profit charitable organizations. A. After reviewing the website, explain how not-for-profit organizations are rated. B. Explain why there is a need for the type of information provided by Charity Navigator. C. Choose one to two charities listed in the website. Explain the information provided about the charity (financial and nonfinancial), the rating of the charity, and any other relevant factors.
1. Describe the Existing Board of IFRS (IASB members and the role of them)2. In detail, what's the reason for choosing the Netherland as a member of the first IASC.3. What's the role of IFAC to support IASC4. In detail, What's the latest issuance of IASB (reasons and benefit)?5. what are the future projects of IASB (what & why)?
Which one is not related to Non-profit organization? Select one: a. Sales in market b. Community service c. Religious service d. Museums