Define and outline the accounting required for each of the following types of agreements: a. Charitable lead

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Define and outline the accounting required for each of the following types of agreements:
a. Charitable lead trusts.
b. Charitable remainder trusts.
c. Perpetual trust held by a third party.

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Essentials of Accounting for Governmental and Not-for-Profit Organizations

ISBN: 978-0073527055

10th Edition

Authors: Paul A. Copley

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Question Posted: Jan 04, 2012 04:08 AM

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Define and outline the accounting required for each of the following types of agreements: a. Charitable lead

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a A charitable lead trust is a splitinterest agreement whereby a notforprofit organization will receive periodic payments and at the end of the trust ...View the full answer

Essentials of Accounting for Governmental and Not-for-Profit Organizations

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