Choice "A" is correct. Non-profit organizations record depreciation on fixed assets. Depreciation is reported as an element of expense in the organization's Statement of Activities. Choice "c" is incorrect. Non-profit organizations record depreciation on fixed assets. Depreciation is reported as an element of expense in the organization's Statement of Activities.Choice "b" is incorrect. Support is generally considered a component of earnings under the broad heading of "Revenue, gains and other support". Depreciation is reported as an element of expense in the organization's Statement of Activities not as a contra revenue.Choice "d" is incorrect. Depreciation is reported as an element of expense in a not for profit organization's Statement of Activities not as a seperate component of a change in equity presentation. There is no "other changes in fund balance" component of not for profit financial statements.