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On December 15, 2016, a donor agrees to contribute $2 for every $1 that the agency raises in its capital campaign, up to $50,000. The

On December 15, 2016, a donor agrees to contribute $2 for every $1 that the agency raises in its capital campaign, up to $50,000.    The capital campaign began on February 1, 2017 and as of June 30, 2017 the organization has raised $10,000

How much should the organization record as a pledge receivable as of December 31, 2016?

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