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Learning Objective 5.2 Homework . Unanswered Assume an NFPO received an unconditional promise totaling $50,000, and expects to receive the gift in the current period.

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Learning Objective 5.2 Homework . Unanswered Assume an NFPO received an unconditional promise totaling $50,000, and expects to receive the gift in the current period. Historically, the organization collects 90% of pledges made. Which of the following would be the correct debit for the journal entry? o A Pledges Receivable $50,000 o B Contributions revenue- without donor restrictions $50,000 o C Contributions revenue- without donor restrictions $45,000 O D Cash $50,000

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