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An Animal Shelter receives contributed services from the following individuals valued at their normal billing: Veterinarian provides volunteer animal care $8,000 Board member volunteers to
An Animal Shelter receives contributed services from the following individuals valued at their normal billing:
Veterinarian provides volunteer animal care $8,000
Board member volunteers to prepare books for audit $4,500
Registered nurse volunteers as receptionist $3,000
Teacher provides volunteer dog walking $2,000
What amount should the shelter record as contribution revenue? Why?
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