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Respond to the following in a minimum of 175 words: Discuss the major similarities and differences in accounting for for-profit and not-for-profit organizations. Be sure

Respond to the following in a minimum of 175 words:

Discuss the major similarities and differences in accounting for for-profit and not-for-profit organizations. Be sure to consider differences in organizational ownership, fund accounting, and financial reporting.

*Please do not copy & paste from a prior answer, I mean no disrespect by any means but some of those answers are not helpful and the reason I posted a question. Thanks, I appreciate any assistance.

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