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How are derivatives reported? how can this reporting be misinterpreted?

Shanna Engel started up a new nonprofit organization in 2013 named Concern for Animal Shelter and Habitats+(CASH). The organization places homeless animals in permanent homes. Transactions during the first month of operations were as follows:

1. Borrowed $ 50,000 from a local bank. No interest is due on the loan

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92742678

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