During the year, a private university received $100,000 in unrestricted contributions from the general public The university's board of trustees stipulated that $75,000 of these contributions would be used to create an endowment At the end of the current year, the university should report the $75,...

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During the year, a private university received $100,000 in unrestricted contributions from the general

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Government and Not for Profit Accounting Concepts and Practices

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During the year, a private university received $100,000 in unrestricted contributions from the general public. The...

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