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Record the following transactions. Identify each as a contribution, agency, or an exchange transaction, and prepare any appropriate entries. 7. A very famous artist notified

Record the following transactions. Identify each as a contribution, agency, or an exchange transaction, and prepare any appropriate entries. 7. A very famous artist notified the local private university that she has included in her will her plans to donate all of her paintings for exhibit at the university art gallery. A copy of her will is included with her letter

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