A government receives a donation of $300,000 to establish a Private-Purpose Trust Fund. The donation should be reported as

A. Revenues.
B. Other financing sources.
C. Additions.
D. Special items.

C

Business

You might also like to view...

A business that has a vacant building that is not currently being used would classify the building as a plant asset

Indicate whether the statement is true or false

Business

A change in ownership statement is required to be filed at the time of recording or within _________ days if the transfer is not recorded

A. 30 B. 60 C. 90 D. 180

Business