Calculate the value of securities


Response to the following problem:

A not-for-profit hospital invests a $10,000 restricted donation in equity securities. At the date of its financial statements, the securities have a fair value of $12,000. How would the hospital report the increased value in its financial statements? Would your answer be the same for a governmental hospital?

Make sure you use enough details to support your answer.

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Accounting Basics: Calculate the value of securities
Reference No:- TGS02057395

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