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What amount should ABC report as fund-raising expenses

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Question - Functional expenses recorded in the general ledger of ABC, a non-governmental not-for-profit organization, are as follows:

Soliciting prospective members $45,000

Printing membership benefits brochures 30,000

Soliciting membership dues 25,000

Maintaining donor list 10,000

Required - What amount should ABC report as fund-raising expenses?

a. $10,000

b. $35,000

c. $70,000

d. $110,000

Reference no: EM132770755

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