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E) A homeless shelter located in Sperryville, Sperryville Beds, received a $100,000 grant from the town during the fiscal year that was restricted to pay

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E) A homeless shelter located in Sperryville, Sperryville Beds, received a $100,000 grant from the town during the fiscal year that was restricted to pay for operations in the next fiscal year. Show the effect of the transaction on Sperryville Beds. Sperryville Beds Temporarily Restricted Net Unrestricted Net Assets Liabilities Assets Assets F) During the next fiscal year, record how Sperryville Beds would show that the funds from the town are available for use. Sperryville Beds Temporarily Restricted Net Unrestricted Net Assets Assets Liabilities Assets

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