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QUESTION 31 A not-for-profit organization receives $250 from a donor.The donor receives two tickets to a theater show and an acknowledgment in the theater program.The

QUESTION 31

A not-for-profit organization receives $250 from a donor.The donor receives two tickets to a theater show and an acknowledgment in the theater program.The tickets have a fair market value of $50.What amount is recorded as contribution revenue?

  1. 250
  2. 200
  3. 50
  4. 0

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