(a) Should depreciation be charged on the capital assets of a hospital if these assets have been...

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(a) Should depreciation be charged on the capital assets of a hospital if these assets have been financed from contributions but are intended to be replaced from hospital revenues?
(b) Assume that the replacement of the capital assets is intended to be financed from contributions. Should depreciation be charged on such capital assets?

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Governmental and Nonprofit Accounting

ISBN: 978-0132751261

10th edition

Authors: Robert Freeman, Craig Shoulders, Gregory Allison, Robert Smi

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