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Janna Association, a nongovernmental not - for - profit organization, received a cash gift with the stipulation that the principal be held for at least

Janna Association, a nongovernmental not

-

for

-

profit organization, received a cash gift with the stipulation that the principal be held for at least

20

years. How should the cash gift be reported?

.

An asset with donor restrictions

.

An endowment fund

.

An asset without donor restrictions

.

A conditional asset without donor restrictions

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