5. Adel hall village was given a 500000 local operating grant for use in year 2....
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5. Adel hall village was given a 500000 local operating grant for use in year 2. On December 1 of year 1, half of the grant money was received by the village. The journal entry to record receipt of the grant funds as a revenue should be: * (2 Points) Enter your answer 5. Adel hall village was given a 500000 local operating grant for use in year 2. On December 1 of year 1, half of the grant money was received by the village. The journal entry to record receipt of the grant funds as a revenue should be: * (2 Points) Enter your answer
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Journal entry to record receipt of the grant revenue December 1 Bank ac 25000... View the full answer
Related Book For
Advanced Accounting
ISBN: 978-0134472140
13th edition
Authors: Floyd A. Beams, Joseph H. Anthony, Bruce Bettinghaus, Kenneth Smith
Posted Date:
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