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April 19, 2014

Homework Help: accounting

Posted by Lynda on Saturday, August 25, 2012 at 12:05pm.

The City of Allentown recently received a donation of two items: A letter written in 1820 valued at $24,000 from James Allen and 1920 painting of the town's city hall, painting by same artist sold recently for $4,000.How do I do a journal capitalizing collectibles only when required by GASB?

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