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Other Fields Homework Help Accounting Topic started by: goji.go on Oct 21, 2014



Title: Which of the following statements are true regarding life income gifts?
Post by: goji.go on Oct 21, 2014
Which of the following statements are true regarding life income gifts?
A.   Require the amount of the payment to the beneficiary to vary based on the earnings of the trust.
B.   Require a fixed-dollar payment to be made annually to a designated recipient.
C.   Assets are recorded at historical cost when donated.
D.   Life income gifts are no longer allowed by governmental colleges and universities.


Title: Re: Which of the following statements are true regarding life income gifts?
Post by: f_zah1 on Oct 22, 2014
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