If an organization’s Board of Directors were to set aside assets to be used for replacement of plant and equipment, where would this be reflected on the balance sheet? Question 12 options: A) Assets Limited as to Use B) Temporarily Restricted Net Assets C) Permanently Restricted Net Assets D) Liability

 

If an organization’s Board of Directors were to set aside assets to be used for replacement of plant and equipment, where would this be reflected on the balance sheet?
Question 12 options:
A) Assets Limited as to Use

B) Temporarily Restricted Net Assets

C) Permanently Restricted Net Assets

D) Liability

 

If an organization’s Board of Directors were to set aside assets to be used for replacement of plant and equipment, where would this be reflected on the balance sheet?
Question 12 options:
A) Assets Limited as to Use

B) Temporarily Restricted Net Assets

C) Permanently Restricted Net Assets

D) Liability