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Assistance on how to make the journal entries for this Gov't Accounting and Not for Profit class.
"The Cardiac Research Foundation (an unrelated organization) receives a gift of $1 million. The funds must be transferred to the hospital and must be used for cardiac research."

How do you make the journal entries for this statement?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91077714
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