Question: Using Chapter 13 in the textbook, discuss the three types of endowments and how they are presented on the financial statements of a public and

Using Chapter 13 in the textbook, discuss the three types of endowments and how they are presented on the financial statements of a public and a private university or college. In your discussion, explain the restrictions imposed on each type of endowment and the corresponding justification for designation as restricted or unrestricted.

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