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Which of the following entities would NOT recognize depreciation expense in its operating statement? A) A not-for-profit University. B) A not-for-profit Foundation. C) A governmental
Which of the following entities would NOT recognize depreciation expense in its operating statement?
A) A not-for-profit University. |
B) A not-for-profit Foundation.
|
C) A governmental Special Revenue Fund.
D) A not-for-profit Hospital.
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