Use Illustration 14-3 as a guide in completing this exercise. _____ 1. Fredericksburg Chamber of Commerce _____
Question:
_____ 1. Fredericksburg Chamber of Commerce
_____ 2. American Diabetes Association
_____ 3. American Legion
_____ 4. American Museum of Natural History
_____ 5. American Institute of Certified Public Accountants
_____ 6. Wee Care Daycare
_____ 7. Allentown Racquetball Association
_____ 8. Citizen's to Elect Harvey
Required
In the space to the left of each number indicate under which Internal Revenue Code section each of the above NFP entities is most likely to be exempt from federal income tax.
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Related Book For
Accounting for Governmental and Nonprofit Entities
ISBN: 978-0078025822
17th edition
Authors: Jacqueline Reck, Suzanne Lowensohn, Earl Wilson
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