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Ball Inc. is a not-for-profit organization. In 2019, the organization received a donation of $1,500,000, which must be used as an endowment. How would
Ball Inc. is a not-for-profit organization. In 2019, the organization received a donation of $1,500,000, which must be used as an endowment. How would this endowment be accounted for in 2019 under each of the following two methods?
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