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PIRO Prepare joumal entries to record the following transactions and events, based on the assumption that the nonprofit uses a single account to record all

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PIRO Prepare joumal entries to record the following transactions and events, based on the assumption that the nonprofit uses a single account to record all unrealized and realized investment gains and losses Then, prepare journal entries for Events 2 and 3, based on the assumption that the nonprofit separates unrealized from realized investment gains and losses. 13:48 Chapter 13 Accounting for Nonproht Organizations 1. On July 15, 2018, a nonprofit received a doention of Apple stock tulad a fair value of 575.000 at the time of the donation. The donor told the nonprofit that the stock could be sold and used only to finance a particular rescarch project 2. On December 31, 2018, when the nonprofit closed its books, the stock had a fair value of 576,500. 3. On February 15, 2019, the nonprofit sold the stock for $76,000 4. On March 15, 2019, the nonprofit spent the entire 576,000 on the research project for which the donor made the gift LO 4

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