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According to ASU 2020-07, how must contributed nonfinancial assets such as land, buildings, materials, and the use of facilities be presented in a Statement of
According to ASU 2020-07, how must contributed nonfinancial assets such as land, buildings, materials, and the use of facilities be presented in a Statement of Activities? As a line item separate from contributed cash and other financial assets. Combined with contributed cash and other financial assets. Contributed nonfinancial assets are not presented in a Statement of Activities. As a note to the Statement of Activities only. None of these answer choices are correct
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