In accounting for not-for-profit public universities, Endowment and Similar Funds are commonly used.
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Required:
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a.List and briefly define the three types of endowments often found in the university environment.?
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b.Describe the accounting procedures for income earned on endowment funds.?
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c.Explain the use of investment pools.

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The Answer of In accounting for not-for-profit public universities, Endowment and Similar Funds are commonly used.
?
Required:
?
a.List and briefly define the three types of endowments often found in the university environment.?
?
b.Describe the accounting procedures for income earned on endowment funds.?
?
c.Explain the use of investment pools.

In Accounting for Not-For-Profit Public Universities, Endowment and Similar Funds