When a company is the recipient of a donated asset, the accountcredited may be a Group of

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When a company is the recipient of a donated asset, the accountcredited may be a

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deferred revenue account.

All of the other choices are correct.

revenue account.

paid-in capital account.

Related Book For answer-question

Understanding Financial Statements

ISBN: 978-0133874037

11th edition

Authors: Lyn Fraser, Aileen Ormiston

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Posted Date: Dec 13, 2022 06:00 AM

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When a company is the recipient of a donated asset, the accountcredited may be a Group of

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Understanding Financial Statements

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