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    Business
  3. Study Set
    Financial Accounting
  4. Exam
    Exam 31: Errors, Adjustments, and Expenditures in Accounting
  5. Question
    Any Donation Received for a Specific Purpose Is a
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Any Donation Received for a Specific Purpose Is a

Question 14

Question 14

Multiple Choice

Any donation received for a specific purpose is a


A) Liability .
B) Assets .
C) Revenue receipts .
D) Capital receipts

Correct Answer:

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