12. A Net Assets Reserved for Endowment ledger account is appropriate for: a. An endowment principal nonexpendable
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12. A Net Assets Reserved for Endowment ledger account is appropriate for:
a. An endowment principal nonexpendable trust fund only.
b. An endowment revenues expendable trust fund only.
c. Either an endowment principal nonexpendable trust fund or an endowment revenues expendable trust fund.
d. Neither an endowment principal nonexpendable trust fund nor an endowment revenues expendable trust fund.
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