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Investment income related to Assets Whose Use Is Limited amounted to $15,000 for St, Mary's Hospital, is a not-for-profit business-oriented hospital. The hospital's board designated
Investment income related to Assets Whose Use Is Limited amounted to $15,000 for St, Mary's Hospital, is a not-for-profit business-oriented hospital. The hospital's board designated the money for future capital improvements. What is the journal entry to record this event?
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Answer AccountsDebit credit Debit Investment Income Assets ...
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Essentials of Accounting for Governmental and Not-for-Profit Organizations
Authors: Paul A. Copley
10th Edition
007352705X, 978-0073527055
