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During 20X2, the Turf Toe Foundation received the following support: Contributed legal services with a value of $100,000 which Turf Toe would have otherwise purchased
During 20X2, the Turf Toe Foundation received the following support: Contributed legal services with a value of $100,000 which Turf Toe would have otherwise purchased . A promise to contribute $300,000 four use in 20X8 from a supporter who has made similar contributions in prior periods . A cash contribution of $500,000 to be used at the board of director's discretion At what amounts should Turf Toe classify and record these transactions? O A. Unrestricted Revenue of $600,000 and Temporarily Restricted Revenue of $300,000 B. Unrestricted Revenue of $900,000 and Temporarily Restricted Revenue of $0 C. Unrestricted Revenue of $600,000 and Temporarily Restricted Revenue of $0 O D. Unrestricted Revenue of $500,000 and Temporarily Restricted Revenue of $0300,000
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