Revenues from contributions are different from revenues earned on services provided. Recall that all revenues ultimately increase

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Revenues from contributions are different from revenues earned on services provided. Recall that all revenues ultimately increase net assets (similar to their role in increasing equity in a corporation). In a nonprofit, revenues are considered i s in unrestricted n a unless the use of the assets received is limited to a specific purpose.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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