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    Non Profit Accounting

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    A not-for-profit organization receives a restricted gift. When, and in which type of fund, should it recognize the revenue? When, and in which type of fund, should it recognize the related expense?

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    A not-for-profit organization receives a restricted gift. When, and in which type of fund, should it recognize the revenue? When, and in which type of fund, should it recognize the related expense?

    The donation must be recognized as soon as it is received as income for accounting. In a subsection of the spreadsheet, there will be room for restricted funds; meaning the donation is ...

    Solution Summary

    A not-for-profit organization receives a restricted gift. When, and in which type of fund, should it recognize the revenue? When, and in which type of fund, should it recognize the related expense?

    $2.19

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