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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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Managerial Accounting
Authors: Ray H. Garrison, Eric W. Noreen, G. Richard Chesley, Ray Carroll
6th Canadian Edition
0070915164, 9780070915169
