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A heart foundation conducted a special pledge campaign which resulted in $200,000 of new pledges. Of this amount, $20,000 is to be received in the
A heart foundation conducted a special pledge campaign which resulted in $200,000 of new pledges. Of this amount, $20,000 is to be received in the current period, which will be held for use for unrestricted purposes in the following period. Experience has shown that 5% of the pledges received are uncollectible. The initial journal entry to record this campaign will include a Blank______. Multiple select
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