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32. It is determined that a donated collection is not required to be capitalized. If a government decides not to capitalize it, how will the
32. It is determined that a donated collection is not required to be capitalized. If a government decides not to capitalize it, how will the government account for it at the time of the donation? A) Debit revenue, credit expense/expenditure B) Debit collections, credit revenue C) Debit expense/expenditure, credit revenue D) Debit collections, credit cash
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