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August 28, 2023

What is the main purpose of a nonprofit organization (in your own words)?

What is the main purpose of a nonprofit organization (in your own words)?

Discuss some of the differences between financial statements of for-profit vs nonprofit entities.

Instructions: Prepare a summarized overview of what you have learned in your study of Not-for-profit organizations. Communicate your understanding of the main ideas central to NFP reporting and accounting to demonstrate your understanding. The reflection should be approximately 250 words. Comment on at least two other students posts.

Requirements: 250 words

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