Answer: The correct answer is d). Can help you find just the right word for a given situation.
Explanation: A computer thesaurus is a software tool on a computer that suggest words that are similar in meaning (synonyms) based on a given command.
A thesaurus unlike a dictionary that gives meaning of words, suggests choice words based on each given entry.
The answer is: C.accrual basis of accounting
Accrual basis of accounting would record a certain transaction as soon as it happen, even though an exchange of payment has not been made. Compared to any other basis, accrued basis tend to the most likely to represent the actual financial condition of a company. This is why this basis is used as the current industry standard.
Answer:
$7,000
Explanation:
Increase in Temporarily Restricted Net Assets = $2,000 + $10,000 + $5,000 = $17,000
Net increase in Temporarily Restricted Net Assets = Increase in Temporarily Restricted Net Assets - Amount of the conference room furniture purchased = $17,000 - $10,000 = $7,000
Note that the conference room furniture purchased is deducted because the donor did not stipulate a time restriction on holding the furniture.
Therefore, total amount should be recorded as an increase to Temporarily Restricted Net Assets is $7,000.
