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A private sector, not-for-profit hospital received a pledge of $100,000 in 2019, with no purpose restriction. The pledge card indicated that the funds were to

A private sector, not-for-profit hospital received a pledge of $100,000 in 2019, with no purpose restriction. The pledge card indicated that the funds were to be paid and used in 2020. Cash was turned over to the hospital in 2020. The not-for-profit hospital would recognize contribution revenue in: Multiple Choice When the funds are expended. Either 2019 or 2020, depending on the policy of the hospital. 2019. 2020

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