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Streetnurse Ltd. is a not-for-profit organization that uses the deferral method of accounting for restricted contributions. The organization received a $1,000,000 endowment in 2015. How
Streetnurse Ltd. is a not-for-profit organization that uses the deferral method of accounting for restricted contributions. The organization received a $1,000,000 endowment in 2015. How should this endowment be reported on the 2015 financial statements?
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