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An alumnus made a donation of adjoining land to a not-for-profit, nongovernmental university. The donor made no specifications regarding the time period or use of
An alumnus made a donation of adjoining land to a not-for-profit, nongovernmental university. The donor made no specifications regarding the time period or use of the land. The university would record the gift as
an endowment asset. | ||
permanently restricted support. | ||
unrestricted revenue. | ||
temporarily restricted revenue. |
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