2. Unconditional promises to give are recognized as contribution revenue under GAAP when: a The promise is
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2. Unconditional promises to give are recognized as contribution revenue under GAAP when:
a The promise is received b The related receivable is collected c The time or purpose restriction is satisfied d The future event that binds the promisor occurs
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Related Book For 
Advanced Accounting
ISBN: 9781292214597
13th Global Edition
Authors: Joseph H. Anthony, Bruce Bettinghaus, Floyd A. Beams, Kenneth Smith
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