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NFPO Journal Entry - a cash contribution of $25,000 to be used for a special program; $12,000 was spent on this program during the past

NFPO Journal Entry

- a cash contribution of $25,000 to be used for a special program; $12,000 was spent on this program during the past year with the balance to be spent next year. - a cash donation of $15,000 to be used as the board of directors decided.

(deferred contribution method)

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