What amount should be reclassified on the Statement of Activities for 2020 from the With Donor Restrictions column to the Without Donor Restrictions column?
A) $3,000.
B) $6,000.
C) $9,000.
D) $12,000.
E) $15,000.

Question

Quizplus · Accepted Answer

The reclassification amount is typically the amount that has been satisfied or met the donor's restrictions during the period, which in this case is $9,000.

What Amount Should Be Reclassified on the Statement of Activities