Statement of Cash Flows: Not-for-profit Flashcards
1
Q
What are the categories on a not-for-profit’s statement of cash flows?
A
Operating
Investing
Financing
2
Q
How would a not-for-profit categorize donor-restricted cash contributions for long-term-purposes?
A
As financing activity inflow on the statement of cash flows
3
Q
What are financing activities?
A
They are effects of most long-term liability transactions.
