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QUESTION 36 Assume a donor gave $2 million to a nonprofit organization in a previous...

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Accounting

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QUESTION 36 Assume a donor gave $2 million to a nonprofit organization in a previous year, in a restricted gift, and the money was properly spent this year, for the intended program. Explain what you would expect to see in the statement of activities this year with regard to this spending, and how both donor-restricted and unrestricted net assets would be affected by this spending. (4 points)

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