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25 . Which entry would be the correct entry to record pledges of $100 000 to a public television fundraiser ? The public television organization
25 . Which entry would be the correct entry to record pledges of $100 000 to a public television fundraiser ? The public television organization estimates that 5% of the funds will be uncollectible DEBIT CREDIT A ) Pledges Receivable $100,000 Unrestricted net assets - contributions $100 000 B ) Cash $100 000 Unrestricted net assets - contributions $100.000 ( ) Pledges Receivable $100, 000 Unrestricted net assets - contributions $95 000 Allowance for uncollectible pledges $5000 D ) Pledges Receivable $95, 000 Unrestricted net assets - contributions $100 000 Allowance for uncollectible pledges 85 000 E ) Cash $95 000 Unrestricted net assets - contributions $100 000 Allowance for uncollectible pledges $5 000 A . Option A B. Option B C. Option C D. Option D E . Option E
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