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How do not-for-profit organizations recognize expenses in their accounting records? Are there differences from how for-profit businesses recognize expenses versus not-for-profit organizations? How are expenses

How do not-for-profit organizations recognize expenses in their accounting records? Are there differences from how for-profit businesses recognize expenses versus not-for-profit organizations? How are expenses required to be shown/segregated on the financial statements of not-for-profits? Why is this distinction made?

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