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Quick Care, a not-for-profit organization, received an externally restricted contribution. Quick Care does not have a separate restricted fund for the contribution. Under the restricted
Quick Care, a not-for-profit organization, received an externally restricted contribution. Quick Care does not have a separate restricted fund for the contribution. Under the restricted fund method, the contribution will be recognized as which of the following? Question 22 options: Revenue in the general fund using the deferral method Revenue in the endowment fund Revenue in the general fund for unrestricted contributions A direct increase to net assets
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