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The Transactions Listed in the Following Questions Occurred in a Private,not-For-Profit

question 38

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The transactions listed in the following questions occurred in a private,not-for-profit hospital during 20X8.For each transaction,indicate its effect on the hospital's statement of operations for the year ended December 31,20X8.
-Transaction: Endowment income was earned.The donor placed no restrictions on the investment earnings.
Effect on Statement of Operations:


Definitions:

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Pertaining to the period in a woman's life after the cessation of her menstrual cycles.

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