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美国CPA模拟习题：政府和非营利组织（一）
为了帮助参加2014年美国cpa考试的学员巩固知识，提高备考效果，正保会计网校特为大家整理了美国cpa考试模拟试题，帮助广大考生一起学习一起进步。
Oz, a non-governmental not-for-profit organization, received $50,000 from Ame Company to sponsor a play given by Oz at the local theater. Oz gave Ame 25 tickets, which generally cost $100 each. Ame received no other benefits. What amount of ticket sales revenue should Oz record?
a.$0
b.$2,500
c.$50,000
d.$47,500
Explanation
Rule: Generally, the difference between the fair value of purchases and the amount transferred is classified as a contribution.
Choice "b" is correct. Oz would account for the $50,000 receipt from Ame Company as a contribution and as ticket sales revenue. Ticket sales revenue is equal to the fair value of the purchase ($25 × 100 tickets = $2,500). Contribution revenue is equal to the difference between the amount contributed and the fair value of purchases given in the exchange ($50,000 ? $2,500 = $47,500).
Choice "a" is incorrect. The fair market value of the tickets purchased by the Ame Company is accounted for as ticket sales revenue.
Choice "d" is incorrect. The difference between the fair market value of the tickets sold to the Ame Company and the total transferred is contribution revenue, not ticket sales revenue.
Choice "c" is incorrect. The total amount of the transfer is not accounted for as ticket sale revenue, only the fair market value of the items sold.
【我要纠错】 责任编辑：小敏
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