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NFPO policy is to record contributions receivable when the criteria of section 4420 have been met. over the past five years the NFPO pledge tocollection

NFPO policy is to record contributions receivable when the criteria of section 4420 have been met. over the past five years the NFPO pledge tocollection statistics have always been 80 percent. For the 2021 campsign pledges of $175 000 were made ,of which $98000 has already been collected at december 31.what should be recorded as contributions recevable?

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