Classify all of the following expenses from a not-for-profit museum from the current year as either program or supporting: • Donated materials and supplies used - Roman Exhibit Program : $15,000 • Depreciation - Office Equipment - 18th Century History Program: $30,000_ • Research-18th Century History Program : $7,000_ • Fundraising: $50,000_ • Depreciation - Office Equipment: $10,000_

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter10: Property, Plant And Equipment: Acquisition And Subsequent Investments
Section: Chapter Questions
Problem 19E
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Classify all of the following expenses from a not-for-profit museum from the current year as
either program or supporting:
• Donated materials and supplies used - Roman Exhibit Program : $15,000.
• Depreciation - Office Equipment - 18th Century History Program: $30,000
• Research - 18th Century History Program : $7,000____
• Fundraising: $50,000_
• Depreciation - Office Equipment: $10,000
Program Expenses
Supporting Expenses
[Choose ]
✓ [Choose ]
Transcribed Image Text:Classify all of the following expenses from a not-for-profit museum from the current year as either program or supporting: • Donated materials and supplies used - Roman Exhibit Program : $15,000. • Depreciation - Office Equipment - 18th Century History Program: $30,000 • Research - 18th Century History Program : $7,000____ • Fundraising: $50,000_ • Depreciation - Office Equipment: $10,000 Program Expenses Supporting Expenses [Choose ] ✓ [Choose ]
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