Question: Trees Forever, a community foundation, incurred $ 5 , 0 0 0 in expenses during 2 0 X 3 putting on its annual fund -

Trees Forever, a community foundation, incurred $5,000 in expenses during 20X3 putting on its annual fund-raising talent show. In its statement of activities, Trees Forever should report the $5,000 as
Multiple Choice
A contra asset account.
Part of fund-raising costs.
A contra revenue account.
A reduction of fund-raising costs.

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