Contribution Revenue for the volunteer services for a University: Any volunteer can contribute services to the University, which University normally purchases them from outside. So, gross value of those contributed services determine by comparable wages in the market for similar services is the contribution revenue from that services. Any nominal amounts paid to volunteers for their services should not be deducted for determining contribution service revenue. : G ’s contribution revenue for the volunteer’s services.

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Chapter 19, Problem 19.1.6E

To determine

Concept Introduction:

Contribution Revenue for the volunteer services for a University:

Any volunteer can contribute services to the University, which University normally purchases them from outside. So, gross value of those contributed services determine by comparable wages in the market for similar services is the contribution revenue from that services. Any nominal amounts paid to volunteers for their services should not be deducted for determining contribution service revenue.

:

G ’s contribution revenue for the volunteer’s services.

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