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Question 10 2.5 pts On June 30, 20X9, a voluntary health and welfare organization received pledges from donors amounting to $50,000. The donors did not

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Question 10 2.5 pts On June 30, 20X9, a voluntary health and welfare organization received pledges from donors amounting to $50,000. The donors did not place any time or use restrictions on the amount pledged. It was estimated that 10 percent of the pledges would not be collected. How should the voluntary health and welfare organization report these pledges on its financial statements prepared at the end of its fiscal year, June 30, 20X9? As contribution revenue- unrestricted for $50,000 As contribution revenue- unrestricted for $45,000. As fund balance for $45,000. As fund balance-unrestricted

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