NPO

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Across
  1. 1. The ___________ format is used for the statement of functional expenses.
  2. 4. Accounting years not ending on December 31 are known as_______years.
  3. 6. The common name for an asset where the interest may be spent, but not the principal.
  4. 9. Reporting by funds is acceptable for nonprofit's _______________ (external, internal) financial statements.
Down
  1. 2. When a donor's restriction has been met, it is reported as "net asset _____________ from restrictions."
  2. 3. Gifts other than cash are referred to as gifts in.
  3. 5. The number of classes of net assets affected when a donor restriction has been met.
  4. 7. These cause a decrease in the net assets without restrictions.
  5. 8. Reporting expenses according to their type (such as salaries, rent, supplies, depreciation, etc.) is known as the ________________ basis.
  6. 9. a nonprofit organization will issue the statement of activities instead of the ____________ statement issued by a business.