author: malvern j gross

"This Seventh Edition is filled with authoritative advice on the financial reporting, accounting, and control situations unique to not-for-profit organizations.

... journal entries following the format discussed in the previous chapter. For ... expenses 7. An entry to adjust the value of marketable securities to current market value Each ... payable Credit No. 70 Food 76 655 31.3 MONTHLY ACCRUAL ENTRIES.

... FASB , see Financial Accounting Standards Board ( FASB ) FASB invitation to comment , 137-138 FASB pronouncements ... 67 Statement No. 115 , 65 Statement No. 143 ( 47 ) , 6-7 Statement No. 144 , 67 Financial Accounting Standards Board ...

... FAS 132. An argument can be made that an entity whose debt obligations are available to and traded by investors , regardless of how limited those obligations are in scope , should be considered a public entity for purposes of applying FAS ...