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January 22, 2023

11-8. To what extent do not-for-profit organizations have the ability to choose among the following: a) Maintaining building and equipment on the balance sheet at their o

11-8. To what extent do not-for-profit organizations have the ability to choose among the following:
a) Maintaining building and equipment on the balance sheet at their original cost
b) Showing such assets at their market value
c) Completely charging such assets as expenses in the year acquired

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