Question
#10 A local Non for Profit had the following activity in October 2022: Cash Donations $200,000 Unrestricted Pledges made during monthly phone a thon to
#10
A local Non for Profit had the following activity in October 2022:
| Cash Donations | $200,000 |
| Unrestricted Pledges made during monthly phone a thon to solicit donations | $15,000 |
| Expected uncollectible pledges from monthly phone a thon to solicit donations | $3,000 |
What is the correct amount of Contribution Revenue the non for profit should recognize in October 2022? (do not use $ signs, commas or decimals in your answer)
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Managerial Accounting
Authors: Hartgraves And Morse
6th Edition
1934319805, 978-1934319802
