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20. During the year, Uptown Church received a donation of marketable equity securities from a church member. At the end of the year, it is

20. During the year, Uptown Church received a donation of marketable equity securities from a church member. At the end of the year, it is determined that the securities had appreciated in value. At what amount should Uptown report its marketable equity securities in the year-end balance sheet? A) Market value at the balance sheet date. B) Donor's cost. c) Market value at the date of receipt. D) The lower of cost or market

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