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20. A donor pledged $800,000 in funds to a not-for-profit museum. The museum will receive the pledge if it is able to raise funds matching
20. A donor pledged $800,000 in funds to a not-for-profit museum. The museum will receive the pledge if it is able to raise funds matching one-half of the donor's pledge of $800,000. How would this pledge be recorded? a. Contribution - With Donor Restrictions b. Contribution - Without Donor Restrictions c. Deferred Revenue d. It would not be recorded
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Accounting for Decision Making and Control
Authors: Jerold Zimmerman
8th edition
78025745, 978-0078025747
