Religious institution for paving of institutions parking lot


Question: Contributions made in year 2 included the following: Cash to a religious institution for paving of institution's parking lot:$7,000 Publicly-traded stock held for 62 months (FMV - $2,000; Cost -$1,000) to a local election committee Building fund for a new art museum: cash, $1,000 Cash to a volunteer fire department: $900 Antique sculpture (FMV - $16,000; Cost - $8,000) to an art museum which is held for four years that is put on display in the museum

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Accounting Basics: Religious institution for paving of institutions parking lot
Reference No:- TGS03425485

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