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Assume that on June 30, 2016 ASPCA has used up the insurance coverage they purchased the previous December. How would this affect the 2016 financial
Assume that on June 30, 2016 ASPCA has used up the insurance coverage they purchased the previous December. How would this affect the 2016 financial statements? (Note: dont worry about whether they bought more insurance).
Statement of Financial Position Assets = Liabilities + Net Assets
Statement of Activities
Statement of Functional Expenses (line item name not important)
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