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In April year 1 , Delta Hospital purchased medicines from Field Pharmaceutical Co. at a cost of $5,000. However, Field notified Delta that the invoice was being canceled and that the medicines were being donated to Delta. Delta should record this donation of medicines as A. Other operating revenue of $5,000. B. A memorandum entry only. C. A $5,000 credit to nonoperating expenses. D. A $5,000 credit to operating expenses. |