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Fundraising Activities
Efforts undertaken by an organization to generate voluntary financial contributions from individuals, businesses, charitable foundations, or governmental agencies.
Conditional Contribution
A donation made with specified terms that must be met for the contribution to be retained by the recipient.
FASB
The Financial Accounting Standards Board (FASB) is an independent organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.
Journal Entries
Records of financial transactions in accounting, marking debits and credits to accounts.
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