week 4 disscussion 2

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses. Refer to the Discussion Forum Grading Rubric under the Settings icon above for guidance on how your discussion will be evaluated.

Net Assets in Not-For-Profit Accounting [WLOs: 2, 4] [CLOs: 1, 3, 5, 6]

Prior to beginning work on this discussion forum, read Chapters 8, 9, and 10 in the text.

In your own words, list and describe the three classes of net assets used in private not-for-profit accounting. Give an example of each type to illustrate.