What happens in a firm's book when "The center received $600,000 in contributions without donor restrictions"? (Please see Transaction 1 in Exhibits 3.5 & 3.6).

Cash account increases $600,000 Cash account decreases $600,000 $600,000 can be used by the firm for operating expenses Revenues, Gains, and Other Support account increases by $600,000.

Answer rating: 100% (QA)

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