Which of the Following Receipts May Properly Be Accounted for as an Increase

Multiple Choice

Which of the following receipts may properly be accounted for as an increase in net assets without donor restrictions by a private college?

A) Student tuition and fees.
B) Gift from an alumnus for a new college of business building.
C) Federal grant for genetic research.
D) Acceptance of assets, the income from which will be paid to the donor.