zlacker
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1. sotix+(OP)
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2023-11-19 05:33:46
Non-profits still earn money recorded as net assets. They do not retain earnings at the end of the accounting period to store in shareholder’s equity because there are no shareholders that own the non-profit.
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>>stingr+YG
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2. stingr+YG
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2023-11-19 12:37:08
>>sotix+(OP)
You’re interpreting it as a lawyer would, rather than considering the real-world implications of this.
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>>sotix+gX
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3. sotix+gX
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2023-11-19 14:49:36
>>stingr+YG
I’m interpreting it as a CPA
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