For a not-for-profit organization what are the three classes
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For a not-for-profit organization what are the three classes of owners equity?
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For a not-for-profit organization the solution discusses what are the three classes of owners equity.
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Fot not-for-profit organizations, Owner's equity is referred to as Net Assets./ The three classes of net assets are:
1. Permanently restricted net assets : The part of the net assets of a not-for-profit organization resulting (a) from contributions and other inflows of assets whose use by the organization is limited by donor-imposed stipulations that neither expire by passage of time nor ...
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