ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
18th Edition
ISBN: 9781307515596
Author: RECK
Publisher: MCG/CREATE
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Chapter 15, Problem 15.4EP
To determine
Identify the category of university that reports investing activity on its direct method statement of
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A nongovernmental not-for-profit organization borrowed $5,000, which it used to purchase a truck. In which section of the organization's statement of cash flows should the transaction be reported?
A.) In cash inflow and cash outflow from investing activities.
B.) In cash inflow and cash outflow from financing activities.
C.) In cash inflow from operating activities and cash outflow from investing activities.
D.) In cash inflow from financing activities and cash outflow from investing activities
Shepherd Nonprofit had the following information related to its investment balances
during the fiscal year ended June 30, 2021.
Beginning investments $1,200,000
en
Ending investments $1,460,000
Purchases of investments $500,000
Proceeds from sale of investments $220,000
Realized loss on sale of investments $30,000
Report the section(s) in the statement of cash flows (using the indirect method)
where investment transactions would appear, including the direction and amount
associated with each.
From the list below categorize the items as they would appear on a:
a. Statement of Cash Flow
b. Statement of Financial Performance
1. Cash and Cash Equivalent
2. Parish Development Facility
3. Advances to Staff
4. Local Park Fees
5. Inventory and Consumables
6. Special Services
7. Property Rate
8. Social Benefit
9. Market Tolls
10. Consumption of Fixed Assets
11. Infrastructure, Plant and Equipment
12. Permit Fees
13. Proceeds from Sale of Equity
14. Established Posts
15. Development Bonds Issued
16. Business Income
17. Loans Received
18. Local Fund
19. Rent from Land and Building
20. Central Government Salaries
Chapter 15 Solutions
ACCT. FOR GOV.&NONPROF. ENTITIES>CUSTOM
Ch. 15 - Prob. 1QCh. 15 - Prob. 2QCh. 15 - Prob. 3QCh. 15 - Prob. 4QCh. 15 - Prob. 5QCh. 15 - Prob. 6QCh. 15 - Prob. 7QCh. 15 - What is UPMIFA, and why is it important to...Ch. 15 - How can the performance of colleges and...Ch. 15 - Prob. 10Q
Ch. 15 - Prob. 12CCh. 15 - Prob. 14CCh. 15 - Prob. 15.1EPCh. 15 - Prob. 15.2EPCh. 15 - Prob. 15.3EPCh. 15 - Prob. 15.4EPCh. 15 - Prob. 15.5EPCh. 15 - Prob. 15.6EPCh. 15 - Prob. 15.7EPCh. 15 - Prob. 15.8EPCh. 15 - Prob. 15.9EPCh. 15 - Prob. 15.10EPCh. 15 - Prob. 16EPCh. 15 - Prob. 17EPCh. 15 - Prob. 18EPCh. 15 - Prob. 19EPCh. 15 - Prob. 20EPCh. 15 - Prob. 21EPCh. 15 - Prob. 22EPCh. 15 - Prob. 23EP
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