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7 A nonprofit entity that conducts numerous programs receives investments as a donation. The donor, in a Investments letter accompanying the donation, states that the
7 A nonprofit entity that conducts numerous programs receives investments as a donation. The donor, in a Investments letter accompanying the donation, states that the principal of the donation must be maintained intact permanently, and that the income from the investment must be used to finance research in kidney disease. If the entity receives income of ( $ 8,000 ) from these investments, how should be income be reported? See "12 Investments.pdf" for Cambridge, page 13-24 a. As an increase in net assets without donor restrictions b. As a decrease in net assets without donor restrictions c. As an increase in net assets with donor restrictions d. As a decrease in net assets with donor restrictions
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