re = /" *\R(*SKIP)(*FAIL)|\R/m
str = '"39901","0002286898","88","ACTUALS","TO RECORD ACCRUED LIABILITIES FOR GOODS OR SERVICES RECEIVED AT JUNE 30 2016 PER ATTACHED SCHEDULE. FOR 39901, IU journal 2297455 CONTACT: [NAME PHONE NUMBER] / [NAME PHONE NUMBER]","LA","34000000","Accrued Liabilities","","11000","","","","","","","","","","","","","2017","1","191313.130","07/28/2016","07/01/2016","","Accrued Liabilities",""
"39901","0002290128","7","ACTUALS","To record accrued liabilities for goods or services received at June 30, 2016 per the attached schedule.
Contact [NAME PHONE NUMBER EMAIL] or [NAME PHONE NUMBER EMAIL]","LA","34000000","Accrued Liabilities","","11000","","","","","","","","","","","","","2017","1","2556242.170","07/31/2016","07/01/2016","","Accrued Liabilities",""
"39901","0002291224","37","ACTUALS","TO RECORD ACCRUED LIABILITIES FOR GOODS OR SERVICES RECEIVED AT JUNE 30 PER THE ATTACHED SCHEDULE. FOR 34530, CONTACT: [NAME PHONE NUMBER EMAIL]","LA","34000000","Accrued Liabilities","","11000","","","","","","","","","","","","","2017","1","3010262.140","07/27/2016","07/01/2016","","Accrued Liabilities",""
"39901","0002291259","2","ACTUALS","TO RECORD ACCRUED LIABILITIES FOR GOODS OR SERVICES RECEIVED AT JUNE 30 PER THE ATTACHED SCHEDULE. FOR 34571, CONTACT: [NAME PHONE NUMBER] / [NAME PHONE NUMBER]","LA","34000000","Accrued Liabilities","","11000","","","","","","","","","","","","","2017","1","38140.260","07/27/2016","07/01/2016","","Accrued Liabilities",""
"39901","0002291336","12","ACTUALS","TO RECORD ACCRUED LIABILITIES FOR GOODS OR SERVICES RECEIVED AT JUNE 30 PER ATTACHED SCHEDULE. FOR 345.20","LA","34000000","Accrued Liabilities","","11000","","","","","","","","","","","","","2017","1","2768000.000","08/01/2016","07/01/2016","","Accrued Liabilities",""'
subst = ''
result = str.gsub(re, subst)
# Print the result of the substitution
puts result
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Ruby, please visit: http://ruby-doc.org/core-2.2.0/Regexp.html