sort answer for this general account A club formed for pleasure, recreation, and social activities ismost likely organized under Section:a. 501(c)(1)b. 501(c)(3)c. 501(c)(4)d. 501(c)(7)

The correct answer is d. 501(c)(7).Here's a detailed explanation of why this is the correct choice:…

Answered: A club formed for pleasure, recreation,…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter1: Role Of Accounting In Society

Section: Chapter Questions

Problem 10MC: Which of the following is likely not a type of not-for-profit entity? A. public library B. community...

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A club formed for pleasure, recreation, and social activities is most likely organized under Section: a. 501(c)(1) b. 501(c)(3) c. 501(c)(4) d. 501(c)(7)